Argentina to offer preferential ‘soy dollar’ for exports at 300 pesos per dollar
Argentina’s government on Wednesday announced a new plan setting a special exchange rate of 300 pesos per dollar to encourage soybean exports amid severe financial difficulties and foreign exchange shortages.
Economy Minister Sergio Massa also said the program, known locally as the “soy dollar,” will cover small farmers in regional economies.
Read also
Global crude oil market shifts to surplus as Persian Gulf supplies recover
Bio-LNG costs nearly three times as much as conventional marine fuel
Australian barley exports reach record 11.48 mln tons
EU approves duckweed as a new source of plant-based protein
Government wheat stocks cap prices in India despite strong mill demand
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon