Free Trial

Government Halts Beef Exports

ARGENTINA
  • Argentina's government is limiting beef exports, in an attempt to contain runaway inflation.
    • President Fernandez told a key beef export association that they won't be allowed to sell the product abroad for 30 days, according to a Production Ministry statement released late Monday. In that period, the government will determine a set of emergency measures for the sector.
  • (BBG)Argentina to reopen a sale of fixed-rate peso bonds due May 21 2022, according to an Economy Ministry statement.
    • Bonds pay annual nominal rate of 22%
    • Sale opens at 10am local until 3pm
    • Minimum price set at 966.64 pesos per 1,000 pesos

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.