Economy and Business > EXCHANGE CRISIS
With the Central Bank’s reserves practically at zero, the Argentine government took an unsympathetic measure to guarantee that the dollars from new loans will not “escape” with tourists to Miami.
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Dec 04, 2021, 5:03 a.m.
Put obstacles to tourism abroad is possibly one of the most unpleasant economic policy measures that can be taken in Argentina. Even a government like that of the Peronist coalition, which prides itself on representing the most neglected sectors of society, knows that it has a strong middle-class base that will receive such a measure with dislike.
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