Rest of World News: Paraguayan shoppers used to flock to Nanawa, a border town in Paraguay, for cheap imports from Argentina. Prices of contraband have surged due to Arge
The border town of Nanawa in Paraguay, once bustling with shoppers seeking cheap Argentine imports, has turned into a ghost town due to soaring inflation and currency devaluation in Argentina. Local shopkeepers report drastic sales drops as prices for goods, including beef and daily necessities, have surged dramatically.
Paraguayan shoppers
used to flock in their droves to the border town of Nanawa to
buy cheap imports from Argentina, where the weak peso currency
for years kept relative prices low for fuel, medicine... -May 27, 2024 at 07:00 am EDT
- MarketScreener
Argentina's 300% Inflation and Propped-Up Peso Spawn Paraguay Border Ghost Town usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
STORY: Shoppers are no longer flocking to buy cheap imports from this once-bustling town on Paraguay's border with Argentina. For years, the weak peso kept prices low for... -May 27, 2024 at 03:55 pm EDT
- MarketScreener
Paraguayan shoppers used to flock in their droves to the border town of Nanawa to buy cheap imports from Argentina, where the weak peso currency for years kept relative prices low for fuel, medicine and groceries smuggled in across the frontier.
Using $4.2 million in awarded ARPA funds, the city bough nearly a hundred acres of land east of the lake last year with the goal of building new housing.
First-generation e-commerce firms are in the process of creating synergy with newly acquired companies and finding new business opportunities in the increasingly competitive online shopping market, according to industry officials, Monday.
Hundreds of Paraguayans rushed over the weekend to the coastal town of Nanawa – formerly Puerto Elsa – in the Presidente Hayes province to buy cheaper fuel smuggled from Clorinda, Argentina, it was reported.