The Undollar Digest

Argentina Bank Dollar Deposits Fell $645M After Forex Controls Implemented

Dow Jones Newswire 11/12/2011 online.wsj.com

Argentines withdrew $645 million in U.S. dollar-denominated deposits from private sector banks in the first week after the government made it harder for individuals and companies to buy dollars.
The numbers, published by the Central Bank of Argentina late Friday, seem to confirm that the new currency controls have made Argentines nervous and led many to [...]


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