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Fake Pesos in Argentina

By Linda Tancs

The anemic U.S. dollar gets a second wind in South America, but only if the peso is legit.  And so travelers to Argentina (Buenos Aires, in particular) should exercise caution in examining their notes at money exchanges, markets, street vending and in taxis.  For instance, make sure the bills have a watermark and different serial numbers.  If you’ve been duped, file a police report immediately.  When shopping, use U.S. dollars if the vendor will accept them.  The rate of exchange just might be more favorable than what you’ll get at the hotel or a bank.  Nothing ventured, nothing gained, as they say.

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