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Tourism

Argentina’s Outbound Tourism Latest Casualty of Currency Woes

Matthew Parsons
Buenos Aires, Argentina

Photo Credit: Buenos Aires, Argentina. Unsplash / Nestor Barbitta

Skift Take

Buy-now-pay-later schemes help people get around soaring inflation, but they're now being banned for foreign travel as the country enters negotiations to pay off some of its debt. It's not good news for travel agencies, or pent-up travelers.

Argentina’s new measures designed to limit inflation will hit locals’ travel plans, denting business for outbound travel agents and tour operators by prohibiting use of credit cards to book travel outside the country. The country’s central bank wants to curb access to hard currency, ahead of negotiations with the International Monetary

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