News of agro

Agro dollars: the countryside liquidated US$2.61 billion in July

01-08-2024 16:08 The data of agro dollars come from the CIARA Argentine Chamber of the Oil Industry and the CEC Cereal Exporting Centre, two entities which combined account for nearly 50 percent of Argentine exports.

AGRO DOLLAR

New 'agro dollar' exchange rate criticised by producers, opposition

21-07-2023 18:07 Head of the Rural Society and Buenos Aires City mayor join forces to seek structural measures for the farming sector.

FINANCIAL TURBULENCE

Massa rejects devaluation speculation as peso sinks

22-04-2023 08:13 Revealing WhatsApp message from Economy Minister Sergio Massa denies market speculation about president's imminent resignation and potential currency devaluation.

POLITICS

Fernández, Massa put on united front in bid to reassure markets

20-04-2023 20:57 President Alberto Fernández and Economy Minister Sergio Massa look to turn the page after week of political and financial instability.

DOLLARS & RESERVES

Government's bid to bring in dollars stumbles as peso falls faster

20-04-2023 15:09 Soybean exporters, who are temporarily allowed to sell dollars at a rate of 300 pesos per dollar compared to the official rate at 218, didn’t sell a single greenback Wednesday – the first day of no sales since the policy kicked in.

EXCHANGE MARKETS

'Blue dollar' hits 420 – the reasons behind exchange rate turbulence

19-04-2023 12:31 Argentina’s complicated exchange rate spectrum was hit by further turbulence on Tuesday. The reasons behind the instability, according to the experts.

by Santiago Escobar

EXCHANGE RATE SCHEME

Governors push back on criticism of Massa’s ‘dolár agro’ scheme

06-04-2023 19:27 New plan offers a rate of 300 pesos per greenback for agro-industrial exports; Governors push back from criticism from agricultural producers.

POLITICS & ECONOMY

Mixed reaction as Massa looks to boost reserves with ‘dolár agro’ rate

06-04-2023 01:09 Economy minister unveils Programa de Incremento Exportador, otherwise known as a third incarnation of the ‘soy dollar’ scheme; New plan will offer a rate of 300 pesos per greenback for agro-industrial exports and introduce automatic benefits for producers affected by drought.

DOLAR AGRO

Argentina rolls out special exchange rate to prop up reserves

05-04-2023 19:16 Argentina will once again introduce a temporary exchange rate for soybean exports and other products in an elaborate attempt to shore up dwindling Central Bank reserves amid a devastating drought.

NEW EXCHANGE RATE

Argentina debuts ‘Dollar Malbec’ to aid exports amid drought

31-03-2023 10:16 Economy Minister Sergio Massa confirmed Thursday he’s rolling out a temporary, subsidised exchange rate for wine and other agriculture products, dubbed the “Dollar Agro” or “Dollar Malbec” by the local press.

NEW RATE ON WAY

Massa announces new 'dolár agro' exchange rate

30-03-2023 23:20 Argentina looks set to unveil yet another new exchange rate – Sergio Massa's new 'agro dollar' will be used for agricultural products and is another bid to boost Central Bank reserves.