Argentina’s ‘Little Trees’ Blossom as Forex Controls Fuel Black Market
Argentina's 'Little Trees' Blossom as Forex Controls Fuel Black Market 1BUENOS AIRES (Reuters) – On the streets of Buenos Aires, money changers known as “arbolitos” or “little trees” are taking advantage of Argentina’s capital controls to take a slice of a booming black market trade in U.S. dollars. One of the arbolitos, Martin, 47, spends his days shouting “cambio” to passersby, offering dollars outside the formal …
News story posted on 2020-02-05T12:02:00.0000000Z