Submitted on 10-10-13 10:14 pm Message: We are an international company about to enter a contract in Argentina, to be paid in peso based on the FX rate on the day of payment for a fixed USD equivalent. Worry about the FX risk and repatriation risk. Any advice would be appreciated on how to mitigate those risk in Argentina.
Submitted on 10-22-13 10:59 pm. Message: We had a few conference call with Citibank Argentina. And, visited with Argentina's central bank but they said the problem is more with their tax authority and they would communicate.
But the situation doesn't look pretty from Citibank's eyes. What is your friends view?