Faced with this, that same day at night, the Secretary of Agriculture, Juan José Bahillo, published on his social networks: “I want to clarify that the resolution of the Central Bank does not include the producers and producers who have been accompanying the process with so much effort. Export Increase Program”.
Faced with these disagreements, Massa was dissatisfied, and the counterpoint between the Ministry of Economy and the Central concluded that the entity led by Miguel Pesce retracted.
After the initial statement generated confusion, the mother house of the Argentine banking system clarified that the measure did not apply to “human persons”. Indeed, the main recipients of the resolution were the grain companies and stockpiles that turned to the “soybean dollar” to speed up the sale of this oilseed.
Despite the discrepancies, in the Economy portfolio they maintain that this will not affect the foreign exchange liquidation goals planned for September, whose objective is US$5,000 million and so far they are US$4,500 million, only nine days of the estimated ceiling.
The new exchange rate announced by the Government of Alberto Fernández seeks to encourage producers to liquidate their harvest, to increase the reserves in dollars of the Central Bank. For this, a price higher than the official dollar was established: $200, against the $143 of the regular price.
Thus, the slate value of the grain went from costing $53,000 per ton to more than $70,000, which represented an improvement of more than 32%. However, from the Liaison Table it was proposed on several occasions to establish a “single exchange rate”, with a value that is closer to the blue dollar, which on Tuesday marks $283 for purchase and $287 for sale.
Source: Ambito
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