Argentina: Airline Strike Settled, Counterfeit Money Problems

By Larry Habegger | Permalink | No Comments | December 6th, 2005 | Trackback

Counterfeit money can be a problem here, especially in Buenos Aires. Taxi drivers are the most common distributors of bogus currency, giving fake 10s and 20s when making change for fares, but phony bills sometimes get into ATMs, where there’s little protection for the victim besides luck. One way to avoid these notes is to get cash from bank tellers and to carry lots of small bills for taxi fares so you don’t have to get change from the drivers. Several clues can help you detect counterfeit bills: smudge marks on serial numbers; smooth surface rather than raised printing; waxy feel; missing watermarks; middle portrait off center and lacking detail. The same problems exist in Bolivia, Chile, and Peru.

In other news, striking pilots and technicians at Aerolineas Argentinas agreed to a 90-day truce while they work out a settlement with the airline. The strike lasted nine days and ended Dec. 2.

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