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Home » Argentina aims to unleash some $271 billion stashed away in mattresses, safes

Argentina aims to unleash some $271 billion stashed away in mattresses, safes

The Cyprus Mail by The Cyprus Mail
10 months ago
0 0

Argentina is easing foreign currency reporting rules to encourage residents to start using an estimated $271 billion in cash dollars squirreled away in mattresses and foreign bank accounts, long held by Argentines as a hedge against decades of economic turmoil. Argentines will be able to use dollars without declaring where they came from, presidential spokesman Manuel Adorni said at a press conference on […]

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Tags: ArgentinaInternational Monetary FundJavier MileiLionsMoney LaunderingWorld
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