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Still today in fact. Not sure exactly of all the details, but Argentinians are simply not allowed to change their currency. They need to fill documents to offi
by jypepin 13y ago
Still today in fact. Not sure exactly of all the details, but Argentinians are simply not allowed to change their currency.
They need to fill documents to officially ask the government, which will likely refuse you the right if it is for a huge amount (remember, this 'non-change' policy is exactly for that, avoid flights of capitals).
- brazzy 13y agoAFAIK, the government does allow the exchange of currency, it just mandates an unrealistic exchange rate at which there is practically no supply. However, there is a lively black market that is tolerated (probably because it's cash based and thus does not scale but serves average people well enough) - newspapers publish the rates, traders operate quite openly. In an interesting validation of basic economy, the black market rates are much closer to the official ones in rurual tourist hotspots, presumably due to the much bigger supply of foreign currencies.