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Argentina's 300% inflation spawns 'ghost' border town

IndiaTimes Monday, 27 May 2024
Paraguayan shoppers used to flock to Nanawa, a border town in Paraguay, for cheap imports from Argentina. Prices of contraband have surged due to Argentina's high inflation and strong peso under President Javier Milei.
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Video Credit: Rumble - Published
News video: Argentina’s inflation, propped-up peso hit Paraguay border town

Argentina’s inflation, propped-up peso hit Paraguay border town 02:15

 Argentina's rare mix of near 300% inflation and a propped-up peso have left Nanawa, Paraguay – a border town where shoppers used to flock to buy cheap imports from Argentina – a ghost town. Olivia Zollino reports.

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