Big Spread between "Official" and "Informal" U.S. Dollar Rate in Argentina Argentina has always thought in terms of dollars, and for the past several decades, Argentine citizens often have thought in terms of the U.S. dollar. To this extent, apartments, farms, houses and all relevant goods are traded in U.S. dollars. Furthermore, a majority of citizens maintain their savings in U.S. dollars both in security deposit boxes and in their private savings at home. Those with large sums of money and more advanced financial tools often keep their dollar caches in accounts with foreign banks. This clearly indicates that few Argentineans wish to keep their money in either their country's domestic peso or its banks.The savings of the Argentine popu...