The Secretary of Agriculture, Livestock and Fisheries, Juan José Bahillo, affirmed today that “It is not on the agenda items” the possibility of implementing a new soybean dollar. The statements arose following a series of rumors that were generated before the fall of the reserves of the Central Bank of the Argentine Republic (BCRA).
«I have not heard and a new soybean dollar is not on the agenda for which we officials from the Ministry of Economy meet weekly. There is nothing, but each one can do the interpretation they want»Bahillo emphasized.
In radio statements, the national official specified: “We have an agenda to try to find some palliative measures for some regional economies such as pears, apples and wine. In the economic team we are analyzing that, we are not talking regarding a soybean dollar.
In this way, the Secretary of Agriculture put an end to the speculations that were generated regarding the possibility of a new edition of the soybean dollar.which was applied in the months of September and December of last year. And it rekindled hope for producers in regional economies, such as the Alto Valle de Río Negro and Neuquén.
For its part, in the midst of a constant loss of reserves, the Central Bank had to part with this week US$ 470 millionwithin the framework of its interventions in the exchange market. The sales it has in the month of February are the worst result since the beginning of November 2022.
In this way, the monetary authority accumulated a negative balance of US$ 903 million in February.
Argentine News Source
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