Argentine government considering options to contain the ‘parallel’ dollar

Monday, April 29th 2013 - 23:17 UTC

Full article 12 comments

The Argentine government is considering different options to contain the current skyrocketing of the US dollar, but according to the financial media there are different positions in the cabinet of President Cristina Fernandez. One of those calls for direct interventions while the other adopts a more passive attitude saying the issue is speculative and ‘marginal’. Read full article

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Pirate Love
If it aint broke dont fix it! well from one brits view anyway :)))))
Apr 30th, 2013 - 12:27 am - Link - Report abuse 0
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Anglotino
The market is getting it wrong.

Time to rig the market MORE.

Argentinean Economics 101!
Apr 30th, 2013 - 12:50 am - Link - Report abuse 0
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Beef
Here is an idea. Allow Argentines to buy as much foreign currency though banks etc. as they wish. This will get rid of the speculators and bring stability by the true.value of the peso being realised.

How liberal, how democratic.
Apr 30th, 2013 - 06:52 am - Link - Report abuse 0
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yankeeboy
When Paranoia is answered with conspiracy theories you know you are on the right track.

No wonder this country is collapsing
Apr 30th, 2013 - 11:03 am - Link - Report abuse 0
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Conqueror
“This can be achieved with 100 million dollars during a week, which will put an end to the ‘coup mongers’ money dealers”, argues Moreno. If you've got that much, try paying some overseas debts with it!
Apr 30th, 2013 - 11:15 am - Link - Report abuse 0
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manchesterlad
The only way to stop the speculation is to prevent RGs from travelling abroad a.k.a. Cuba, N. Korea & the old Soviet republic

This will show the true colours of the kirchneristas as the left wing socialist Bolivarian extremists that they are ........ Viva Cristina Castro de Fernandez Kirchner!!!
Apr 30th, 2013 - 11:58 am - Link - Report abuse 0
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yankeeboy
5. They dont' have U$100MM to waste on trying to support the peso. If they did that they'd be out of all of their cash in by Oct.

They don't have a penny to spare
Apr 30th, 2013 - 01:00 pm - Link - Report abuse 0
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Optimus_Princeps
How about they try to control their greed and let us use OUR money as WE see fit? That might bring some stability.

Their stupidity is so blatant, it annoys me that these people exist.
Apr 30th, 2013 - 01:02 pm - Link - Report abuse 0
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yankeeboy
8. When your annoyance turns into range is when things will change. I think there are a lot of Rgs on the verge of rage right now.
Apr 30th, 2013 - 01:05 pm - Link - Report abuse 0
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wesley mouch
I am amzed the Argies have not attacked the Presidential Palace and garrotted CFK or begun random assasinations of key Peronists. What happened to La Cosa Nostra?
Apr 30th, 2013 - 02:00 pm - Link - Report abuse 0
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yankeeboy
$9.40/1
Higher and higher baby

It must be cloudy so Think's computer isn't working today.
Apr 30th, 2013 - 07:24 pm - Link - Report abuse 0
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briton
we still think they should join a EURO program..
Apr 30th, 2013 - 07:28 pm - Link - Report abuse 0
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