Argentina announces new dollar exchange rate to benefit oil sector
teleSUR English
teleSUR English
  • 7 months ago

The Economy Minister of Argentina, Sergio Massa, announced a new dollar exchange rate scheme for the oil sector, which will allow the companies to exchange 25% of their exports at a higher rate than the official one, in order to stimulate investment and production in the Vaca Muerta shale formation. teleSUR
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