A costumer pays in cash in grocery store, as Argentine peso bill continues to devalue by years of inflation, meaning people need to carry huge wads of cash, in Buenos Aires, Argentina May 23, 2022. Picture taken May 23, 2022. REUTERS/Cristina Sille
BUENOS AIRES (Reuters) - Argentine peso bills, devalued by years of inflation now soaring near 60%, are starting to cause a literal strain on wallets - with the largest banknote in circulation worth under $5 in commonly used exchange markets.
That means people need to carry around huge wads of cash, a security concern and logistical headache for savers, businesses and banks.
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