US EditionZero Taxes, Big Stakes: Argentina’s Race to Rebuild Dollar Reserves
33 Articles
33 Articles
Zero Taxes, Big Stakes: Argentina’s Race to Rebuild Dollar Reserves
Argentina’s government cut export taxes on soybeans, corn, wheat and related products to zero from September 22 until October 31 or until exporters register $7 billion in shipments. Faced with a plunging peso, shrinking reserves and rising inflation, officials moved swiftly to steer dollars back into local markets. Before the cut, exporters paid 26 percent […]
Buenos Aires. Argentina announced on Monday the temporary elimination of taxes on grain exports with the aim of strengthening its reserves, while hoping to get financial help from the U.S. Treasury to appease the currency turbulence that plummeted the peso last week. The goal is to “generate greater supply of dollars,” President Manuel Adorni said in X. President Javier Milei will travel to the United States where on Tuesday he plans a bilateral…
The bill was communicated by the presidential spokesman, Manuel Adorni, this morning.The goal is to "generate a greater supply of dollars."There are about 30 million tons left unsold.
The measure was communicated by the presidential spokesman, Manuel Adorni, this Monday morning
The measure was announced by spokesman Manuel Adorni in the middle of the exchange rate rise and uncertainty in the markets
The Argentine government has announced the elimination of taxes on grain and oilseed exports by October 31, presidential administration spokesman Manuel Adorni said on the X network, quoted by AFP. The objective of the measure is to attract foreign exchange, at a time when Argentina is requesting a loan from the US Treasury to pay off its debts and reduce […]
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