The price of taxis in Buenos Aires is set to rise from Thursday onwards, as a 10 percent increase comes into effect.
According to plans approved by the City government, agreed with taxi businesses, the meter will begin at 10 pesos during the day, rising from the previous starting fare of $9.10. The fare will then go up in increments of $1, which was previously set at $0.90.
Night-time fares meanwhile, will start at 12 pesos (from 11) and increase in increments of $1.20.
A second increase is already planned for October of this year, which would mean a total rise in fares of 21 percent across 2013.
Source: Buenos Aires Herald