Foreign exchange settlement of the agricultural sector accumulates fall of 13.5%

The liquidation of foreign exchange in agriculture last November reached a little more than $1.73 billion, which represents a growth of only 1% over the previous month. The accumulated amount so far this year is $18.58 billion, a 13.5% year-on-year decline. These figures are far below what the government was looking for when it decreed a temporary reduction in retentions for three months and a staggered manner until December of this year. The economic cabinet proposed that the countryside should liquidate some $4.5 billion in the last quarter of the year.

Source: Ámbito