Agribusiness sector foreign currency settlements in April amounted to $3.03 billion

The foreign currency liquidation of the agribusiness sector amounted to $3.03 billion in April, a figure that doubles the income of the same period last year. That amount allowed closing a first four-month period with total export revenues of $9.75 billion, the highest figure since 2016. The industry’s utilization level had a strong recovery in the quarter, with values close to 59% and 62%, after reaching a historic low of 15% during last December.

Source: Ámbito