The “blue” (a euphemism for “black market”) dollar closed rose by AR$ 8 and closed at AR$ 408 Monday, reaching a new all-time high, it was reported in Buenos Aires. It had closed at AR$ 400 on Friday. The Argentine Central Bank bought US$ 73 million to add to its dwindled coffers.
Argentina s new version of the Export Increase Program (PIE) has resulted in US$ 1.824 billion worth of soybeans sold abroad, which nearly meets the government s target, it was reported Friday in Buenos Aires.
Argentine rural producers have voiced their rejection of Super Economy Minister Sergio Massa s proposal to create a reload version of the soybean dollar and insisted on the need to leave currency exchange free.
Argentina s Foreign Ministry Tuesday announced that the country s exports had amounted to US$ 7.901 billion in October, thus reaching new historic highs for this month.