In Argentina, a desperate hunt for dollars

As the government restricts access to foreign currencies, Argentines seeking dollars have been pushed into clandestine operations where customers pay dearly to exchange pesos for greenbacks

Argentina's foreign-exchange market is going underground. As the government restricts access to foreign currencies, Argentines seeking hard-to-get dollars have been pushed into "cuevas," or "caves"--clandestine operations where customers pay dearly to exchange pesos for greenbacks.

A customer who visited one in a Buenos Aires suburb recently described a cramped antique shop where an improbable group of would-be customers milled about, surrounded by stained-glass lamps and plush love seats.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump