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Argentina's peso continues its slide to lows not seen for decades

The Central Bank stands in Buenos Aires, Argentina, Friday, April 21, 2023. The Central Bank raised interest rates on April 20 in an effort to encourage people to save in local currency.
Natacha Pisarenko
/
AP
The Central Bank stands in Buenos Aires, Argentina, Friday, April 21, 2023. The Central Bank raised interest rates on April 20 in an effort to encourage people to save in local currency.

Copyright 2023 NPR

Carrie Kahn is NPR's International Correspondent based in Mexico City, Mexico.