Paraguay Government Refuses Argentine Pesos for Energy

[Joe]

Paraguay Refuses Pesos

I also read recently that there is a thriving black market for dollars.

Having returned to North America, I'm curious how both the expats and the locals are feeling about the increasingly shakey peso?

 

[Iznogud]

"The Yacyretá dam was not completed until 1998 and in the end cost more than US$11bn. It is nicknamed “the monument to corruption.”

I remember a paper I wrote back in the 80's that showed that Argentina was then paying twice as much than Brazil for paraguayan energy. I wonder where the difference in price went...