In February cash withdrawals at ATMs fell more than 20%. The average amount per withdrawal is $20,400, according to the latest Central Bank Report.
In addition, there were fewer transfers and payments with the interoperable QR fell in quantity and amount. Looking at the way Argentines choose to pay and manage their money serves, among other things, as a thermometer to understand how the local economy works, writes Ruben Navarrette. The data comes from the latest Retail Payments Report published monthly by the Central Bank.