End of the Dollar Clamp - Tourist Experience discussion
Dec 16, 2015, 9:45 am
#1
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End of the Dollar Clamp - Tourist Experience discussion
Restrictions on the US$ clamp are to be announced today 16 December 2015.
http://buenosairesherald.com/article...nnounced-today
It remains unclear how gradual this will be. (It no longer remains unclear. Expect a substantial change at once. The multi-tiered exchange system will cease to exist immediately.)
It might be helpful to have "real time" experiences on the tourist experience, i.e., rates received from ATMs (if used), establishments still offering favo(u)rable exchange rates v. the official rate, and so on.
There's a special place in OMNI to discuss the politics of it all, should you feel the need.
http://buenosairesherald.com/article...nnounced-today
It remains unclear how gradual this will be. (It no longer remains unclear. Expect a substantial change at once. The multi-tiered exchange system will cease to exist immediately.)
It might be helpful to have "real time" experiences on the tourist experience, i.e., rates received from ATMs (if used), establishments still offering favo(u)rable exchange rates v. the official rate, and so on.
There's a special place in OMNI to discuss the politics of it all, should you feel the need.
Last edited by Eastbay1K; Dec 16, 2015 at 4:41 pm Reason: Clarity is now upon us.
Dec 16, 2015, 4:08 pm
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Dec 16, 2015, 4:38 pm
#6
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Tomorrow and the following days will tell.
I haven't been to an Argentine ATM for so long, I hope I remember how to use it!
Dec 16, 2015, 5:35 pm
#7
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It does look like that will be the case. There will likely remain a "blue" because of all the currency that would be "troublesome for those who hold it" to transact in the banking system, but the spread will probably be not worthwhile for touristic purposes. Still, I would expect to continue cash discounts, "credit cards temporarily suspended" and a slight USD favorable rate at small merchants.
Tomorrow and the following days will tell.
I haven't been to an Argentine ATM for so long, I hope I remember how to use it!
Tomorrow and the following days will tell.
I haven't been to an Argentine ATM for so long, I hope I remember how to use it!
Dec 16, 2015, 8:49 pm
#9
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This is the travel, non-political part of Flyertalk. There is a place for politics, and this isn't it. That is the OMNI/PR board. Since currency exchange availability and rates have been part of the travel experience for several years, and the dynamic is about to go through a drastic change, I started this post.
Dec 17, 2015, 9:46 am
#13
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Dec 17, 2015, 11:22 am
#15
Join Date: Aug 2008
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Terrible for tourists?
So with no premium for exchanging cash USD/EUR etc, hotels have instantly become much more expensive? If the restaurants raise their prices (following the domestic increases in the prices of beef and other commodities), then eating out for tourists will be hit with a double whammy - one on account of the higher prices per se and the other due to the worse exchange rate.
Do I see that right?
Do I see that right?