P. M. BRIEFING : You Can’t Bank On It in Argentina
<i> From Times wire service</i> s
BUENOS AIRES —
Argentina ran out of money today.
The government decreed a banking and foreign exchange holiday because of a shortage of bank notes. It blamed delays in the supply of bank note paper and a strike at the Federal Mint.
With most retailers already refusing to honor credit cards because of double-digit monthly inflation, thousands of people trying to cash their paychecks were left stranded without money. Long lines formed at automatic teller machines.
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