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Entries with Keyword black markets

Among the many changes that the giant 2002 devaluation brought to Argentina was a sudden switch in the country’s relationship to tourism.

During the 1990s, with a strong peso legally tied to the value of one US dollar, the stories …

Despite the little effect that the government’s constant economic tinkering is having on the run against the peso, President Alberto Fernández tried to convey a message against a massive devaluation this week, as the country’s highly-restricted official exchange rate continues …

The economic troubles of Alberto Fernández’s presidency are quickly becoming synonymous with those of the country’s Central Bank. Emergency measures to halt the slide of the peso are leading to other mounting problems, requiring ever-growing draconian restrictions that only manage …

After a series of severe devaluations of the peso, tourism could be turning into a new huge opportunity for Argentina, as the country once again offers very accessible products and services for the international market. But the way is not …