Capital Outflow
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外汇交易员· 2025-09-23 06:15
Government Policy & Trade - Argentina government temporarily waives export tariffs on agricultural products including soybeans (previously 26%), soybean oil (24%), soybean meal (24%), corn (9.5%) and wheat (9.5%) until October 31 or until export volume reaches $7 billion [1] - Following Argentina's tax exemption announcement, Chinese buyers have booked at least 10 soybean shipments from Argentina to build inventory for the fourth quarter, with some traders mentioning 15 shipments [1] Economic & Market Conditions - Argentina's market is in a state of panic, with bonds, stocks, and foreign exchange rates all declining and capital outflow accelerating in the past month [2]