Dollars still permitted to be deposited in Argentina banks

Posted on June 13, 2012 • Filed under: Argentina, Business, Economy, TRAVEL

Following the government’s denial of an alleged “pesification” of contracts and debts in the draft code reform, the head of the bloc of deputies, Agustín Rossi, clarified that Argentines “will be able to continue depositing and drawing up contracts in dollars.” Speaking to radio La Red, the national legislator stated that “the Argentine peso is being put forward as the legal currency.” But reiterated that peso use will not be obligatory. Read Article

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