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Argentina Registers Foreign Exchange Current Account Surplus in June with Agricultural Boost
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The Central Bank of Argentina (BCRA) reported that in June the exchange rate balance closed with a positive balance of $2,158 million. In this way, it shortens a twelve-month straight run with a deficit in the current account. The foreign exchange financial account was surplus by US$745 million and the reserves were increased by US$3,053 million to close the month by US$39,973.This result, positive for the Argentine government, is explained in p…
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