Hundreds of poor Argentines have turned to selling their hair to a wig
factory to survive a huge economic crisis, taking advantage of a
plunging currency that priced imports out of the market.
G.A. Peluca factory, in the north-western town of Rosario, opted for
supplies of locally grown "natural" hair when it faced a
shortage of Russian synthetic wigs after the peso plunged in value by
nearly two thirds this year.
The market rate for locally-grown human hair is around per five
ounces, a company official said. All hair must be 1 foot long to be fit
for the wig.
"We searched for natural hair in the local market to get a
better and cheaper product than synthetic hair," the official said.
Rosario, one of the poorest cities in this South American country of
36 million people, was a center of food looting in December that
overthrew then-President Fernando de la Rua and heralded months of
political and economic chaos.
Nearly one in two Argentines live on a few dollars a day and one in
five of the workforce is unemployed after a four- year recession in
Latin America's third largest economy.