In the same context, he noted that “With such a high gap, with an official dollar of one hundred and thirty-something, and financial dollars above three hundred, economic agents protect themselves against what could be a loss of their purchasing power”.
In addition, he argued that “Argentina has to decompress the exchange rate generating some kind of unfolding, a secondary market that floats more freely” and, in this way, he proposed: “leave in the official exchange rate what we want to protect more from any type of increase against imports”, such as food and medicines.
On the other hand, he annexed in dialogue with the Ant Nobility team that “Everything that is sumptuary or not essential, that is paid at the dollar that is worth in the market, without intervention, protection, or regulation of the State”.
Settlement of foreign exchange from the field
Regarding the agro-export sector, the CEO of Syngenta addressed that “To give that dollar an offer, it is necessary to allow 30 percent of soybean exports, which do not affect food, to be liquidated in that market to give it an offer, robustness and make it float freely”.
Aracre also explained: “We use exports as an incentive mechanism for the producer to give him a better price for his harvest, eliminating that commission from the exporter and passing it on to the producer” and maintained that they do not “retain grains.”
Interest rate
Finally, he considered that “the interest rate is very negative” and concluded that “the National Bank and the Bank province they must put an interest rate that encourages the producer to get rid of his grains and not to retain them because financing in pesos is more expensive”.
Source: Ambito
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