Dollars under the mattress: Argentines’ preferred savings

Buenos Aires (AFP) – No sooner does she receive her paycheck in Argentine pesos than 43-year-old lawyer Eugenia exchanges them for dollars and takes them home to hide away.The fear of losing everything in a burglary pales in comparison with the mistrust she has for banks and her own country’s currency.”I don’t trust the peso; it’s not just now, it’s always been that way,” she said.Bludgeoned by an eighth major financial crisis since 1950, many Argentines prefer to seek refuge in the US dollar as a form of savings they can hide “under the mattress.”Eugenia actually hides hers in the bathroom.”I…

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