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3 Min Read BUENOS AIRES, April 26 (Reuters) - Argentina’s Central Bank (BCRA) said on Monday it will suspend Argentine soy crusher Vicentin from operating in exchange markets and making payments abroad until it settles its debts. The BCRA said Vicentin would be allowed to access the international banking system to settle pending exports. It had also instructed Argentine customs not to process new shipments of goods until the once-dominant soy giant complies with existing obligations. Vicentin was the main exporter of soybean oil and flour in Argentina but started running out of cash last year, leaving farmers and banks holding more than a billion dollars in bad debts. ....
Argentina's central bank blocks bankrupt soy giant from exchange markets leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.
The Argentine Central Bank foresees an official exchange rate of $ 160 / US $ 1 for the end of 2022. Argentina s Central Bank Friday announced the yearly inflation for 2021 was expected to reach 46%, while figures for the past month of March were around 3.9%. The official peso/US dollar exchange rate was foreseen at $ 115/ US$ 1 by the end of this year. The Central Bank s Market Expectations Survey (REM, in Sapnish) also anticipated 3.4% for April with a downward trajectory for the coming months, together with a yearly GDP 6.7% increase and a primary fiscal deficit of $ 1,636 billion pesos. REM analysts have adjusted their monthly projections for the exchange rate downwards. They also foresee it at S 160 / US $ 1 by the end of 2022. ....
Argentine economy shrank 9.9pc in 2020 due to Covid-19 pandemic | Money malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.
Central Puerto S.A.: Central Puerto: 4Q2020 and Fiscal Year Results finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.