Changing USD in cuevas

[chris]

A friend said that cuevas won't change USD anymore. Is this true?

 

[SinPulgas]

No, it's not true.

 

[FrankPintor]

Sometimes places run out of pesos, that's happened to us (though we are in PBA, I'd expect places in CABA to have a better peso supply).

Our last trip to CABA netted us a sealed block of 5 packets with 100 new 1000 peso notes each, with BCRA stamps, direct from the central bank, from a place on Av. Cabildo. They also do transfers to a bank account, which is very convenient and avoids having to queue in a bank for ages to deposit money.

 

[Ronnie Hotdogs]

Then why does the cueva exist?

 

[SinPulgas]

Then why does the cueva exist?

Some of the smaller cuevas get out of balance some days if everybody is buying or everybody is selling. I never saw it before this past year, but I've seen it happen a few times since the middle of last year. A couple of times I had to go back an hour later because they were waiting for pesos and a couple of times there was a line waiting to buy dollars (people waiting for people like me to sell my dollars).

(I could have gone to another cueva, but lately I'm dealing with just two because I trust them, and with the one in particular that I use the most, the prices are almost always very good.)

I should say that these were exceptional occasions, during times of big moves in the price.