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The Japan Times
@thejapantimes@mastodon.social  ·  activity timestamp 5 days ago

Each month, hundreds of thousands of Argentines are booking shopping sprees abroad that are depleting the hard-currency reserves needed to defend the peso as it comes under attack. https://www.japantimes.co.jp/business/2025/10/06/economy/argentines-currency-crisis/?utm_medium=Social&utm_source=mastodon #business #economy #argentina #currencies #javiermilei #chile

The Japan Times

Argentines blow billions shopping abroad, fanning currency crisis

More Argentines have traveled to Chile this year than have people from every other country combined, with their purchases with Argentine bank cards there soaring 438% this year.
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