Economy Minister and UxP presidential candidate Sergio Massa has vowed to maintain a AR$350 per US dollar rate until the elections
Agro
Government looks to incentivize exporters in order to maintain official exchange rate
The benefit will last until September 30
The presidential candidate said the dollar should become legal tender in Argentina
The drought is also expected to continue affecting the economy in the upcoming months
Latin America’s biggest production company Boreal Uruguay shut down abruptly, as concern grows over cumbersome regulations and limited foreign markets
A cautious Massa said he would progressively reduce agricultural taxes without removing them completely
Bunge-Viterra merger increases US concentration of Argentina’s grain exports
The American company’s M&A of Glencore’s agro division is set to have a strong impact on the local export business
Sub-zero temperatures on the cards in many regions including Greater Buenos Aires
The plan includes using satellite imagery to track criminal activity and a tracing system for Amazonian products