2023-08-21 19:46:48
By Fabien Palem
Posted 1 hour ago, Updated 1 hour ago
In Gualeguaychu (Argentina), displaying prices in dollars and pesos has become the rule. Fabien Palem
REPORT – Argentines suffer from inflation, which benefits Uruguayans.
Special Envoy to Gualeguaychu (Argentina)
Along Calle 25 de Mayo, the commercial artery of downtown Gualeguaychu, a city in Argentina on the border with Uruguay, signs announce an infinity of promotions. Monthly payments free of charge, reductions of up to 30% against cash payment or a multitude of advantages linked to the various debit and credit cards. Everything is good to sell quickly. It is necessary to get rid of the goods, before its value dwindles, according to the devaluation of the national currency, the peso. At the same time, the brand new 2000 peso note (less than 3 dollars) is burning consumers’ fingers.
In Argentina, tourists from neighboring countries have never been so rich. Consumer migration, observed since the end of the pandemic, has intensified with the fall of the Argentine peso. On August 13, the primary elections for the presidential elections saw the breakthrough of candidate Javier Milei, who came out on top of the…
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