MercoPress. South Atlantic News Agency
An estimated one million dollars ‘trickled’ per day from Argentina to Uruguayan banks
The dollar ‘clamp’ in Argentina had led to a ‘dollar trickle’ to Uruguayan banks, which according to official data from the two central banks can be estimated at a million dollars per day. Read full article
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Disclaimer & comment rulesIs any going to Chile or Paraguay??
Mar 05th, 2013 - 08:02 am - Link - Report abuse 0What “Dollar Clamp” apparently KFC said there is no dollar clamp, but as she lies Argentines have to wonder how much of 1 million dollars a day going into uruguay from argentina is actually Kirchners loot, while millions of Argentine people go hungry, cold and destitute......Peronist law, she wants your dollars!
Mar 05th, 2013 - 10:19 am - Link - Report abuse 0SELF-DETERMINATION!
Didn't I read on here that Uruguay agreed to disclose to Argentina, the details of accounts held by it's citizens in Uruguayan Banks? That means she knows where the money is, if she knows where it is, it's as good has hers.
Mar 05th, 2013 - 10:28 am - Link - Report abuse 0Well argentina better get use to losing, as they will be doing a lot of it this month. :)
Mar 05th, 2013 - 10:39 am - Link - Report abuse 0SELF-DETERMINATION.....
340 million dollars is not the equivalent of 1 million dollars a day unless you only have 340 days in a year in SA. The actual amount is 340 million divided by 365 which equals 931,506.85 dollars pay day. That's 68,493.14 dollars short of a million per day over 365 days. Doesn't seem a lot looking at it but it's a huge difference of just under 25 million over the course of a year - a Hell off a lot of money!
Mar 05th, 2013 - 11:35 am - Link - Report abuse 0Off course it doesn't really matter as it will only get worse in Argentina, but i wish people would state facts not inaccurate statements.
I'd hate to be on a ferry attempting to get from BA to Colonia in only half an hour!
Mar 05th, 2013 - 11:43 am - Link - Report abuse 0@3 Reality Check
Mar 05th, 2013 - 12:10 pm - Link - Report abuse 0Not really, if it's outside of Argentine juristiction then she can't steal it nearly as effectively. She can lean on the account holders, but international banks are less succeptable to pressure from individual countries.
After all she knows where the Falkland Islands are, but they're certainly not hers, no matter how many speeches she makes.
@5 Less than that. Based on the original figures, it works out to around US$868,767.12 crossing per day.
Mar 05th, 2013 - 02:02 pm - Link - Report abuse 0@7 Doesn't it depend, in reality, on whether she leans on Mujica? He's such a wimp that he'd probably order the banks to collect it all up and send it to CFK's own account!
I guess Uruguayan banks won't need recapitalising then. Makes you think there should have been a 'bank of the falklands' with great saving rates...
Mar 05th, 2013 - 02:11 pm - Link - Report abuse 0... the irony that could have happened.
I don't think there is much U$ left in Arg banks held by individuals any longer. The smart $ left a long time ago.
Mar 05th, 2013 - 02:37 pm - Link - Report abuse 0My guess is that there will be another forced conversion happening soon enough. The gov't doesn't have enough U$ to pay their gas bill this year and that is about the only place left for them to get it.
It will be interesting to see what happens next month if Teachers are still on strike and mfg, truckers and farmers join them.
Instead of hoping for a 3rd term CFK is probably wondering how to make it through the 2nd alive.
Argentina is growing and there's no forex shortage.
Mar 05th, 2013 - 07:21 pm - Link - Report abuse 0Why do you need to lie? It sad when I see those desperate brits clinging to absolute lies.
Sorry UK, your economy will keep getting smaller.
perhaps Uruguay will be her next victim...
Mar 05th, 2013 - 07:22 pm - Link - Report abuse 0@11 Rgenweener is growing................growing what bullshit?
Mar 05th, 2013 - 07:33 pm - Link - Report abuse 0No wonder they cant afford a decent navy ..
Mar 05th, 2013 - 08:13 pm - Link - Report abuse 0The mighty argentine navy,
Well here is The Argie Type 42 Destroyer the Santisima Trinidad
A very powerful destroyer indeed.
http://tomwinnifrith.com/articles/2321/gotcha-again-i-m-not-crying-for-frigging-argentina
,,,,,,,,,,,,,,,,
The mighty Argentine submarine SANTA FE
Hudson, Ronald (Sergeant)
.
This is where the clever money is going now. I'm shorting some Rg shares too. http://boards.fool.co.uk/argentina-12760419.aspx?sort=whole#12760851
Mar 05th, 2013 - 09:28 pm - Link - Report abuse 0Crash expected March or April end when they default....again
Panama and the BVI are doing very well
Mar 05th, 2013 - 10:31 pm - Link - Report abuse 0poor CFK all that money going out of her hands.
Mar 05th, 2013 - 11:56 pm - Link - Report abuse 0more court cases
Mar 06th, 2013 - 07:17 am - Link - Report abuse 0http://www.cronista.com/legales/Los-juicios-pendientes-20130306-0015.html
stupid comments for a non sense article
Mar 07th, 2013 - 07:01 pm - Link - Report abuse 0well, finally Chicureo aka Condorito decides to make a stupid comment
Mar 08th, 2013 - 06:55 pm - Link - Report abuse 0#19 Surpised??
Mar 10th, 2013 - 01:34 am - Link - Report abuse 0Commenting for this story is now closed.
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