Long considered the premier cosmopolitan destination in Latin America, Buenos Aires hit rock bottom in 2001 with the peso crisis. Up until that time, it was one of the world’s most expensive cities, which caused many travellers to avoid it in favour of its cheaper Latin neighbours.

But the crash has actually had a rejuvenating effect on the country’s soul. The people of Buenos Aires, known as Porteños, have recovered with great gusto. The peso has regained some of its former strength and this city’s glorious social scene has come back to life with avengeance. Old cafés are once again full of patrons, and new restaurants, bars and shops are opening at a rapid pace.