- Associated Press - Friday, January 24, 2014

MIAMI (AP) - The owner of a Miami Beach restaurant says he will continue to accept Argentine pesos even after the announcement that restrictions on the purchase of U.S. dollars will be relaxed.

Alejandro Maya of Maya Tapas and Grill says it will still be cheaper for customers to pay in pesos.

Officials announced Friday Argentines will be able to freely buy dollars for savings and travel. A surcharge on money exchanges will be reduced from 35 to 20 percent.

Maya says about 5 percent of his restaurant’s gross sales is done in pesos. He decided to allow customers to pay in pesos after seeing how difficult it became for Argentines to obtain dollars. Argentines up to date on their taxes could buy no more than $100 per person for each day abroad.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide