US EditionArgentina’s Sharpest Tourism Slump In Modern History
2 Articles
2 Articles
Argentina’s Sharpest Tourism Slump In Modern History
Key Points New official data show Argentines leaving far faster than foreigners arrive, widening the travel-dollar deficit. Inflation fell fast, but an exchange-rate anchor made Argentina feel expensive in dollars and cheap for residents spending abroad. The boom is lifting neighbors such as Brazil while exposing a fresh pressure point in Argentina’s reserves story. The […]
The South American country of Argentina is expected to lose up to 13 billion US dollars in foreign exchange revenues in 2025, representing more than 1.6% of its GDP. The reason for this is simple but painful: for citizens it is now cheaper to go abroad than in their own country, while international visitors to Argentina are considered one of the [...] The post Biggest break in tourism in modern history Argentina's first appeared on latinapress n…
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