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Argentina announces special dollar exchange rate for soybean exports

Argentina's Minister of Economy, Sergio Massa, announced a new soybean liquidation scheme at an exchange rate of ARS 200 per dollar that will be in force from September 5 until September 30, with which he expects US$5 billion to enter and US$1 billion in the first 72 hours.

"This program is voluntary adherence, is not mandatory, and starts on September 5. The objective is to put incentives on the table . . .

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