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Financial Times Article - Why Argentina is back in love with the peso - for now

Blockchain

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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.
 
Tourism is sinking like a rock but I guess the locals earning in pesos it is better for them. What I worry about is all those that save in dollars. Prices at least in BA are expensive.
 
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