As annual inflation tops 100%, a 30-year high, with the cost of meat and fruit skyrocketing, many Argentines are keeping their savings in dollars to resist devaluation of the peso.
Plummeting peso sinks hopes of first-time home buyers in Argentina
Many poor families in the Philippines rely heavily on US dollars sent home by Filipinos working overseas, and Orlando De Guzman reports from Manila on how the dollar’s falling value against the Philippine peso is affecting their budgets.