The Rosario Stock Exchange (BCR) also highlighted that the supply of foreign currency to agriculture in the Free Exchange Market is expected to reach US$31.5 billion: US$1.3 billion more than this year.
He agro will be one of the two sectors that will generate more foreign exchange in 2025, if compared to this year. And given the expectation of a new program with the International Monetary Fund (IMF) and the imminent exit of the exchange rate, The entry of foreign currency is necessary due to the liquidation of exports against the scarce net reserves.
It should be noted that between January and October the cereals and oilseeds liquidated US$20,660 millions in the Free Exchange Market (MLC)more than $1.3 billion last year’s amount at this point.
The Rosario Stock Exchange (BCR) highlighted that, as a result of the blend dollar, “it is estimated that an additional US$5,165 million were allocated to financial dollarsraising the total liquidated to 25,825 million dollars”.
As for how 2024 will close: the BCR aims to close with a settlement of US$30.2 billion, this is 30% more than in 2023a year marked by drought, but 27% below the 2021-2022 average, with record international prices.
For him 2025the Rosario entity foresees that The supply of foreign currency to agriculture in the Free Exchange Market reaches US$31.5 billion: US$1.3 billion more than the current amount.
To continue the dollar blendUS$6.3 billion would be settled in financial dollars.
Source: Ambito
