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New Dollar Consumption Record with Cards: Expect Them to Rise Even Higher

Summary by El Cronista
The foreign exchange appreciation and the improvement of wages measured in dollars continue to boost travel abroad.The trend is reflected, among other things, in the levels of consumption in foreign currency through cards, which mark new nominal maximums since 2003.At the same time, they anticipate that demand will continue to rise in July, with winter holidays.At the end of June, the stock of foreign currency loans with cards once again crossed…
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The foreign exchange appreciation and the improvement of wages measured in dollars continue to boost travel abroad.The trend is reflected, among other things, in the levels of consumption in foreign currency through cards, which mark new nominal maximums since 2003.At the same time, they anticipate that demand will continue to rise in July, with winter holidays.At the end of June, the stock of foreign currency loans with cards once again crossed…

·Argentina
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El Cronista broke the news in Argentina on Thursday, July 3, 2025.
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