Brazil is backing Argentina’s entry into the bank, its head Dilma Rousseff said
Economics
The third edition of the “agro dollar” preferential exchange rate ends on Friday
Massa in China: new system to allow trading yuan instead of dollars
The economy minister announced a new imports regime that will stop Chinese companies depending on dollars to trade and invest in Argentina
Brazil’s leader also reaffirmed his commitment to creating the “Sur” common currency
In its second May auction, the government faced maturities for AR$447.8 billion
The economy minister announced investments in dams, water treatment plants, and high-voltage lines — which will also strengthen Argentina’s international reserves
Government sources say that they are seeking to double the free access amount, taking it to US$10 billion
Government further tightens access to financial dollar market
A resolution published today imposes 15-day holding period for dollars from MEP and CCL operations
Nearly 6,000 people failed to declare financial dollar operations, AFIP says
The unreported amount traded with sovereign bonds exceeded US$1 billion