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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. She covers Mexico, the Caribbean, and Central America. Kahn's reports can be heard on NPR's award-winning news programs including All Things Considered, Morning Edition and Weekend Edition, and on NPR.org.