One incredible inconsistency is that credit card companies have to pay their clients'debts in dollars, but have to abide by the central's bank currency rate. F

One incredible inconsistency is that credit card companies have to pay their clients'debts in dollars, but have to abide by the central's bank currency rate. For a few months people were going to uruguay and get cash advances on their credit cards, then go back to argentina and sell those dollars. They could make 2-3k pesos per credit card that way, which is basically a minimum wage. In a single day. Lots of restrictions were made to prevent this, but the issue still applies. The saddest part of this office is their lack of understanding of economics and Gresham's law. At this pace it is unavoidable that dollars will flee the country because no-one that can keep dollars instead of pesos will. Honestly, the dollar being 10 pesos is insane. 2 years ago the peso was 4.11 to the dollar. Not to mention that public officials know all the illegal market places and dont shut them down, pointing to a large corruption scheme.