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

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.

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

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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.