Por Miguel A. Kiguel
Todos sabemos cómo funciona el cepo, y hemos aprendido a vivir con tasas de interés reales negativas, a usar el dólar Contado con Liqui para eludir los controles...
Unnecessary Noise
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Unnecessary Noise
Third week
June 2020
The announcement that Vicentín was being expropriated made a lot of unnecessary noise in the economy. This could complicate both the short-term and medium-term outlook, the former because it could affect the debt restructuring and the latter due to the post-pandemic situation. In 2019, Vicentín was the main exporter of soy and sunflower oil and pellets, the eighth exporter of grains, and it was not quite relevant regarding soy grain sales. Considering the entire harvest, it was the sixth exporter in the Argentina’s farming sector. In its main market, it is one of the 16 firms that export soy byproducts.
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