President Javier Milei’s government has re-established export duties on grain, which had been eliminated at the start of the week, after quickly reaching the dollar ceiling in the scheme but meat and poultry will stay exempt.
The announcement Thursday closes out a week in which Milei and Argentina, weakened by financial turbulence, received resounding support from Washington.
The United States Treasury announced Wednesday that it was negotiating a swap line with the Central Bank to the tune of some US$20 billion, along with possible credit facilities or the purchase of Argentine debt.
This announcement soothed markets and boosted Argentine assets, halting the depreciation of the peso and calming
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