Dollar bank deposits were converted into pesos at an artificially low exchange rate, and import permits were implemented on all goods. |
The site allows black-market money brokers to bid on the dirty dollars, which cartel financial chiefs want to convert to pesos. |
If you try to change dollars for pesos, people look at you like you're crazy. |
The children he was handing the pesos to were dressed in ragged clothing and dirt covered their hands and faces. |
Now, he is told, his savings have been converted into pesos, currently worth a third of a dollar, and he cannot touch them until next year. |
For months now, they've been trading in their pesos for greenbacks and stuffing them under their mattresses or spiriting their money overseas. |