Thread: Exchanging Currency
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08-30-13 20:10 #1160
Posts: 31Xoom anyone?
Has anyone used Xoom lately to transfer funds? Here is what just happened to me:
I signed up, transferred via my bank account for cash pickup at "More. Casa Central" and it was all cleared and ready to pickup in BA 30 minutes later or so.
A few hours later I got an email the transaction had been cancelled. I called xoom to find out why, and they said it was cancelled by the cash-pickup company MORE in BA without any specific reasons? They will contact them to find out why next week and call me. Strange?
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08-30-13 19:36 #1159
Posts: 2556
Venues: 398Greetings Everyone,
Today at approximately 4 pm a friend of mine exchanged $1,000 USD for pesos at 9.05.
Just before he left to exchange his cash, the popular local exchange rate websites were reporting the following Blue Dollar exchange rates:
La Nacion = $9.50 venta
Ambito.com = $8.75 venta
DolarPeso.com = $9.25 venta
DolarBlue.net = $9.30 venta
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Average Published Rate = $9.20
Rate Actually Received = $9.05
Discount from Average Rate = -1.64% (x .9836)
You're welcome.
Jackson
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08-29-13 13:08 #1158
Posts: 577Morality
Originally Posted by Esten [View Original Post]
Tres3.
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08-29-13 02:07 #1157
Posts: 3040It's Getting Good!
Originally Posted by SimpleWrangler [View Original Post]
Can you point us in the general direction?
If not we just have to walk a few extra blocks I guess.
Thanks,
TL.
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08-29-13 01:08 #1156
Posts: 1519,5 = 1
Exchanged at 9,5 today.
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08-28-13 20:34 #1155
Posts: 30409 to 1
Originally Posted by Gandolf50 [View Original Post]
Other guys were talking about 8 and 8.5 .
Thanks,
TL.
From Santa fe to Avenida de Mayo on Florida there is someone exchanging money every 5 feet.
Same thing on Lavalle from 9 de Julio to Florida.
Just keep asking and you will find the best deal.
The "Fakes" are up to you.
One guy told me that he can buy 3 fake One Hundred Dollar Bills for $100.00 Dollars.
Shares them with somebody at an exchange house!
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The Following User Says Thank You to TejanoLibre For This Post:
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08-27-13 23:32 #1154
Posts: 1740Originally Posted by Tres3 [View Original Post]
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08-27-13 16:54 #1153
Posts: 70Thomaso. The Exchanged Bondholders are currently being paid interest by New York Banks.
If these banks are forbidden to continue payment by the US Courts I think Argentina will try to continue paying another way. Which I suggest will be in Buenos Aires.
I expect bondholders will prefer to be paid in Buenos Aires than not to be paid at all.
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08-27-13 16:15 #1152
Posts: 995Originally Posted by Canardly [View Original Post]
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The Following User Says Thank You to Thomaso276 For This Post:
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08-27-13 15:30 #1151
Posts: 70Tres.You're entitled to your opinion.
Mine is that absent a favorable Supreme Court ruling Argentina will honor its promises to the Exchanged Bondholders by payment in dollars in Buenos Aires.
I'm not arguing right or wrong here, just trying to cut to the chase and predict how the game will play out.
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08-27-13 14:54 #1150
Posts: 577Read the Ruling
Originally Posted by Canardly [View Original Post]
Here is the link that was posted earlier.
http://www.ca2.uscourts.gov/decision...-105_2_opn.pdf#xml=http://www.ca2.uscourts.gov/decision...50d2/2/hilite/.
Tres3.
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08-27-13 14:03 #1149
Posts: 70The unique feature of the US Courts ruling is that it prohibits banks from paying interest to the Exchanged Bondholders (who agreed to take the haircut) unless Singer is paid.
This is rather extraordinary and the IMF and others may find this ruling uncomfortable.
Probably ends up in the Supreme Court sometime next year.
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The Following User Says Thank You to Canardly For This Post:
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08-27-13 12:43 #1148
Posts: 577Morality
Originally Posted by AllIWantIsLove [View Original Post]
Tres3.
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08-27-13 12:31 #1147
Posts: 577Read the Ruling
Originally Posted by MisterTea [View Original Post]
Tres3.
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08-27-13 12:09 #1146
Posts: 13Originally Posted by Jackson [View Original Post]
Originally Posted by Jackson [View Original Post]