Uruguayan exodus to Argentina due to price difference

Uruguayan exodus to Argentina due to price difference

The beginning of the Tourism Week motivated the trips of thousands of people who seek to benefit from the exchange news.

Photo: @DNPCaminera

This weekend the binational bridges in Fray Bentos, paysanduand Leaphave been collapsed by a Uruguayan exodus that, motivated by the start of the Tourism WeekThey seek to reach the Argentina to benefit from the current price difference between the two countries.

On this Sunday, rows of 1.5 kilometers long in it Libertador General San Martin Bridge of Fray Bentos, of 300 meters in it General Artigas Bridge of Paysandú, and up to 80 vehicles he Salto Grande International Bridge in jump.

The price in dollars of goods and services in Argentina has been so cheap for Uruguayans in recent months that those who live near the border have come to cross into the neighboring country even for a haircut or a dental visit, something which, to a lesser extent, also occurs in border cities with Brazil.

https://twitter.com/DNPCaminera/status/1642540299112140802

Lacalle Pou assured that it is “impossible” to compete against the prices of Argentina

The price disparity has aroused criticism of the government by the opposition mayor, Andres Lima (Salto), but at the same time of the official mayor Nicholas Olivera (Paysandú), who assure that the country has not attacked this exchange problem as it should, which is stagnating employment in their departments. Given this, the president himself Luis Lacalle Pou He limited himself to responding that competing with the prices of Argentina “it is impossible”.

This price gap reaches large differences in the cost of food, and up to 329% in some products in the hygiene basket only in the comparison of Concord (Between rivers) and Salto, according to information from the Catholic University of Salto. In turn, they indicated that the price of gasoil up to a 191.2% cheaper in Argentina.

In turn, contrary behaviors are recorded in the exchange rate prices in both countries, while in Uruguay the dollar has pushed downwards in recent months and remains “flat”, in the sister country there have been increases in he official valueat the same time as historical peaks in the informal dollar (or blue), which establish a gap between the two in the order of 100%.

Source: Ambito

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