BootsnAll Travel Network



Take it to the bank

You may be commenting on how lovely this building is. And yes, it is lovely isn’t it? It’s a bank in Buenos Aires, sharing the same plaza as the President’s House. Common place for protests and a million economic headaches I’m sure. But this post isn’t about that.

Right now, as if travel weren’t already cheaper than ever (our current economic lull means great travel deals for backpackers) but the peso is falling sharply in contrast to the dollar and the euro. This means blissful exchange rates on the upwards of 3.7:1, nearing rates you would have seen in 2002 during the crisis. This of course means inflation is rising and additionally ‘big trouble’ is looming for this struggling economy but, if there is a silver lining, it’s that travel is cheap and you can take that…right to the bank.



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