MercoPress. South Atlantic News Agency
Argentines keep travelling overseas despite the ‘dollar clamp’ and the ‘Coca Cola formula’
Despite the ‘dollar clamp’ and other obstacles to purchase the US currency in Argentina, the number of Argentines travelling abroad increased by 8% last March in comparison to the same period the year before although they spent 6.2% less than in 2012, it was reported by the National Statistics Bureau (INDEC). Read full article
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Disclaimer & comment rulesPretty soon Rgs will have to apply and pay for Exit Visas to leave the country.
May 08th, 2013 - 09:38 am - Link - Report abuse 01 yankeeboy
May 08th, 2013 - 09:58 am - Link - Report abuse 0Paid for in US$ of course.
You need to travel abroad to get your dollars out,minus a small percentage to bribe customs of course,personally I would risk Dengue fever and travel to Paraguay,very quiet those North East crossings.
May 08th, 2013 - 10:28 am - Link - Report abuse 0Everyone just got letters stating the most you can withdraw a month from your credit card while traveling is U$380.
May 08th, 2013 - 10:45 am - Link - Report abuse 0When will these idiot people say enough is enough?
@4 Bloody hell, I'd blow that on my first weekend on holiday.
May 08th, 2013 - 11:10 am - Link - Report abuse 0I wonder how many of those trips abroad were to Colonia? That seems to be the go to destination for withdrawing dollars on pay day. Apparently the queues are pretty long once the ferries arrive.
May 08th, 2013 - 11:10 am - Link - Report abuse 0US380? How far would that get you?
I am not so sure that you load of 'Argentinian residents' returning to their European origins every time their South American experiment goes wrong is really the same as North American/British people going abroad on holiday.
May 08th, 2013 - 12:02 pm - Link - Report abuse 0I wonder how many of these 'Argentinian residents' have more than one passport?
How can this possibly come as a surprise? naturally when one of the few ways in which you can get legal $$ is travel people will travel, live in the gutter and starve themselves to save as many $$ as possible and sell them for twice the amount when they get back home - or simply save them and sell them for trice the amount tomorrow. Mr Magoo could have seen this coming!
May 08th, 2013 - 12:39 pm - Link - Report abuse 0I think if you analyze the figures it´s probably due to all the foreign trips made by government officials with their 200 strong entourages
May 08th, 2013 - 12:59 pm - Link - Report abuse 0They don´t seem to have dollar restrictions & in fact travel with bags so full of money that they go by weight & not dollar amount!!!
@4 Jeeez
May 09th, 2013 - 06:25 am - Link - Report abuse 0'Tax Office Director-General Toninelli admitted he doesn’t ‘exactly understand’ the way dollars are allotted to travellers ' (pic. caption)
May 09th, 2013 - 02:23 pm - Link - Report abuse 0I imagine even he can work out that dollar transfers stickily travel in the hands of those that support the government.
Just the same as it always helps in the USSR/Russia and in China (PRC) to be a card-carrying member of the 'Communist' Party.
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