Tag: agrodollar

• Friday, March 31st 2023 - 08:36 UTC

  Argentina to launch “agro dollar” exchange rate

  

  Argentine Economy Minister Sergio Massa Thursday announced the creation of the so-called “agro dollar,” a new exchange rate for agrifood exports, which seeks to help replenish the country's impoverished coffers while simplifying foreign currency operations for all rural producers.

• Wednesday, July 27th 2022 - 09:40 UTC

  Argentine Central Bank creates “agrodollar” to boost export liquidations

  

  Argentina's monetary authorities Tuesday announced the creation of the “agrodollar,” a special exchange rate for agrifood exporters to liquidate their revenues through formal channels at an exchange rate closer to the parallel (“blue”) quotation.