Today Monday 5/26 around noon, I exchanged $500 at 11.20 on Florida near Sarmiento. We went into an old building and walked into an office with a bank-like teller where the actual exchange took place.
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Today Monday 5/26 around noon, I exchanged $500 at 11.20 on Florida near Sarmiento. We went into an old building and walked into an office with a bank-like teller where the actual exchange took place.
For an under the radar place, there is currency exchange in one of the shops in the back of the galleria. It is the galleria with the Extasy Sex shop. Ask the woman in the handbag store. She speaks English. They were offering 11.15 today which seems to be a competitive rate. Because of its prime location it just might save someone time one day.
Dear All.
I need to buy 1000 USD, offering a rate of 11,40 around Recoleta (bars, public places, bank zone).
PM if interested.
[QUOTE=BigBossMan;439586]They were offering 11.15 today which seems to be a competitive rate.[/QUOTE]
Not really - 11.55 available in Microcentro today.
Just saying...
[QUOTE=DavieW;439591]Not really - 11.55 available in Microcentro today.
Just saying...[/QUOTE]I was responding to the posted 11.2. I did not exchange. I am happy to be wrong. Offered the information for convenience purposes.
11.65 this afternoon in Microcentro.
Someone asked me this question:
Did you approach one of the street guys or was this an exchange house. Sorry. First time in buenos aires. Thanks.
I talked to several street guys / girls until I felt comfy with one of them. There is one every 2 meters or so yelling "cambio, cambio......".
Good luck!
[QUOTE=FunPete;439585]Today Monday 5/26 around noon, I exchanged $500 at 11.20 on Florida near Sarmiento. We went into an old building and walked into an office with a bank-like teller where the actual exchange took place.[/QUOTE]
[QUOTE=FunPete;439607]
I talked to several street guys / girls until I felt comfy with one of them. There is one every 2 meters or so yelling "cambio, cambio......".
Good luck![/QUOTE]From my point of view, I would NOT approach those arbolitos on Florida or Lavalle. That's because I do NOT want to make a big announcement to the crowd that I've got dollars in my pocket. If I wanted to change my dollars, I would walk straight into one of the cuevas.
What's the effect down there? If any?
[QUOTE=MiamiBob;439626]What's the effect down there? If any?[/QUOTE]Can you give us a link or more details? The local news is silent in this regard. The exchange rate has been going up the last 10 days.
Tres3.
[QUOTE=Tres3;439628]Can you give us a link or more details? The local news is silent in this regard. The exchange rate has been going up the last 10 days.
Tres3.[/QUOTE][URL]http://www.reuters.com/article/2014/05/29/us-argentina-debt-parisclub-idUSKBN0E90JI20140529[/URL]
Today I walked down Florida and walked into one of the cambio places where you walk down the stairs, I just remembered it from the past (near Mitre). It is actually a place for phone calls, but there is a little window in the back someome sitting and exchanging money. Also just opposite of it is another cambio place with 2 windows.
Anyway, I go 11.55 P for $500. I didn't bother negotiating, literally spent 5 miniutes or so on Florida, did my exchange and back to Palermo where I live.
Saludos!!
[QUOTE=MisterTea;439629][URL]http://www.reuters.com/article/2014/05/29/us-argentina-debt-parisclub-idUSKBN0E90JI20140529[/URL][/QUOTE]Argentina reached a deal with the Paris Club for the repayment of 9.5 bln of debt in installments. Argentina defaulted on over 100 bln of debt. The agreement covers less than 10 pct of the defaulted debt. It has no effect on the USA court case. The ho-hum reaction of the treasury market today was a change of less than 7 basis points.
Tres3.
[QUOTE=Tres3;439634]Argentina reached a deal with the Paris Club for the repayment of 9.5 bln of debt in installments. Argentina defaulted on over 100 bln of debt. The agreement covers less than 10 pct of the defaulted debt. It has no effect on the USA court case. The ho-hum reaction of the treasury market today was a change of less than 7 basis points.
Tres3.[/QUOTE]You will also notice that each time they "restructure" a debt the first payment is at least a year or more in the future. In some cases after Cristina will be gone. They seem to think that if they "restructure" the debt so that it is not over due, that they are then "debt free" and will be able to borrow more money! Argentine Pretzel Logic at its finest!
What's the latest rate on Florida?