A court dismissed a company’s legal objection that export legislation was unconstitutional
Agro
With decreased dollar inflow from the agricultural sector, the parallel dollar rose 10% this week
Kristalina Georgieva said Argentina’s government would “continue to fine-tune policies” in the face of the challenge
Soybean production revised downwards by 4 million tonnes and maize cut by 3 million
The government expects an additional US$4 billion inflow from regional economies until the end of August
Some anticipate better competitiveness, but others say it isn’t enough
Designed to help accumulate crucial currency reserves, the special exchange rate will apply to soy and other agricultural products
Inflow of farming dollars is expected to be less than US$3 billion in the first quarter, the lowest in 16 years
The government expects to collect some US$15 billion amid a drought and an international reserve shortage