ECONOMIC INDICATORS Sales down 3.5% in February as consumption continues to fall 25-03-2024 17:48 Data supplied by the CAC Chamber of Commerce and services exposes continuing fall in consumer spending.
AGRICULTURE & ECONOMY Milei’s policy moves seen boosting Argentina's wheat crop by 60% 12-12-2023 17:50 The arrival of Javier Milei to the Presidency is setting up the prospect of rapidly expanding wheat production in Argentina.
AGRICULTURE & ECONOMY Argentina set to double wheat sales to Brazil on rebounding crop 07-12-2023 21:00 Argentina is poised to more than double its shipments of wheat to Brazil, displacing competitors including Russia in the key global agriculture market.
DEVALUATION FEARS Currency fears stall sales of toilet paper, car parts 19-10-2023 13:19 Some firms suspend sales ahead of Sunday's presidential election; Fears of another devaluation are running high as the October 22 vote nears.
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.
Agriculture Argentine soybeans flood market just as US harvests bumper crop 11-09-2022 10:04 Farmers rush to sell stockpiled soybeans this week after Argentina's government implemented a temporary devaluation of the peso intending to spur exports.
MONEY MARKETS Introduction of ‘soy dollar’ leaves Argentina with seven exchange rates 06-09-2022 15:40 New 'soy dollar' rate, designed to boost exports and boost Central Bank reserves, unveiled by Economy Minister Sergio Massa; Following its arrival, there are now seven other exchange rates already operating in Argentina.
Agriculture Government creates new foreign exchange rate for soy exporters 05-09-2022 08:29 Argentina's government announces new special exchange rate for the country’s soy producers in a bid to incentivise exports and shore up Central Bank reserves.