Global Trade Alert
Global Trade Alert

Argentina: New system to control currency exchange rates in grain transactions

Announcement

25 Jun 2019

The Argentina Government has approved new legislation to reduce exchange-rate uncertainty in credit operations related to grain transactions. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Jun 2019

Revocation date:

No revocation date

Updated: 25 Jun 2019
Price stabilisation In force

On 25 June 2019, the Argentine Executive has introduced a new system to guarantee prices in international transactions.

Concretely, the new norm establishes that in grains trading contracts...

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