"Argentina's Tourism Hit by Soaring Inflation and Interest Rate Cuts"
TL;DR Summary
Argentina's tourism industry is facing a slowdown due to surging inflation and a narrower foreign exchange gap, with scenes of South Americans visiting the country for its cheap cost of living reversing. President Javier Milei's policies have led to a decline in consumer spending at home, prompting Argentines to cross the border into Chile, while annual inflation has accelerated to 288% in March.
- Argentina Tourism Slows Amid Surging Inflation, Narrower FX Gap Bloomberg
- Argentina Cuts Interest Rate to 70% as Financial Markets See Inflation Easing Further Yahoo Finance
- Argentina Inflation Near 300% Wipes Out Tourists' Deep Discounts MSN
- Argentina analysts watch for inflation reading, possible rate cut WTAQ
- Argentina Cuts Interest Rate to 70% Citing 'Pronounced' Inflation Slowdown U.S News & World Report Money
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