The commercial exchange, which is the only source of genuine dollars that Argentina has to cover expenses and payments abroad, registered a positive balance of just US $ 316 million in September, the lowest figure of the year. This result is what explains the tightening of the tourniquet on imports that Miguel Pesce ordered a little less than a month ago to contain the hemorrhage of foreign currency. And apparently, the fall in the real trade surplus was not so much due to anticipated purchases abroad but rather to the fact that exporters have not cleared as many dollars as those declared to Customs. The Exchange Balance of the BCRA shows that in September exports were liquidated for US $ 6,307 million and foreign exchange was sold to meet import payments for US $ 5,991 million. The former grew 42% in the last year, while the latter 35%. In the first nine months of 2021, sales abroad totaled US $ 58,130 million while imports totaled US $ 45,167 million, which has left a positive balance of US $ 12,963 million.
Source From: Ambito
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