Page 6 - பொருளாதாரம் அமைச்சர் மார்டின் குஸ்மான் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A weakening peso and demand hike from main trading bloc partners Brazil, Uruguay, Paraguay and Bolivia, propelled the gains. Simultaneously, local manufacturers breathed a sigh of relief as China’s yuan appreciated against the peso, undermining sub-valued garment imports that have strangled local purveyors for years. Unfortunately, however, the January gain was a one-off event. Foreign sales dropped 4 percent in February and were expected to come in flat in March, according to Francisco Roca, chief economist at key apparel trade lobby CIAI. As global markets recover from Covid-19 and the peso remains depreciated, Roca expects exports will stage a modest recovery this year, to the tune of 1 to 2 percent, but far from the gains seen before the pandemic hit Latin America’s No. 3 economy.

United statesMar del plataBuenos airesDistrito federalJazmin chebarFrancisco rocaMartin guzmanMarcelo lopezMonica basterrecheaLatin americaGaucho buenos airesJuana de arcoBuenos aires based derwillUnder armourNew balanceEconomy minister martin guzman