Argentina, cash shortages at atms – inflation blamed

Posted on January 9, 2011 • Filed under: Argentina, Business, Economy, TRAVEL

Argentines faced long lines outside banks this week due to cash shortages at ATMs that critics say is linked to the government’s refusal to recognize burgeoning inflation by printing larger bills. Argentina has one of the world’s highest annual inflation rates at more than 25 percent, according to private forecasts that more than double the rate reported by the government. Read Article

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