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Saw this online. A good article on the peso situation in the Financial Times.
While Argentines deftly navigate the new peso panorama, tourists have been caught unawares. Visitors to Buenos Aires find it has gone from one of the cheapest cities in Latin America to among the most expensive, with bar and restaurant bills sometimes exceeding western European and North American levels. In a co-working space I visit, one digital nomad complained to her friend on FaceTime that the food here was more expensive than in Canada: “A pizza is $20!” she exclaimed.
www.ft.com
While Argentines deftly navigate the new peso panorama, tourists have been caught unawares. Visitors to Buenos Aires find it has gone from one of the cheapest cities in Latin America to among the most expensive, with bar and restaurant bills sometimes exceeding western European and North American levels. In a co-working space I visit, one digital nomad complained to her friend on FaceTime that the food here was more expensive than in Canada: “A pizza is $20!” she exclaimed.
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Why Argentina is back in love with the peso — for now
Despite Javier Milei’s pledge to dollarise the economy, the national currency is having a resurgence