AreaArgentina

Commodity GroupGrains

CommodityAll

Date23/10/2023

Policy CategoryTrade

Policy InstrumentExport policy

DescriptionExtended the Export Increase Program (referred to as "soy dollar" program previously) to all exportable goods and services, including oilseeds and derived products, until 17 November 2023. Exporters were allowed to cash 30 percent of their export proceeds with the "contado con liquidación" (CCL), a mechanism providing favourable exchange rates. The remaining 70 percent were exchanged at the official rate pegged at ARS 350 per USD.