Argentina's cabinet chief says harvest should bring economic relief


Argentina's Cabinet Chief and vice presidential pre-candidate Agustin Rossi gestures in his office during an interview with Reuters, at the Casa Rosada Presidential Palace, in Buenos Aires, Argentina July 21, 2023. REUTERS/Agustin Marcarian

BUENOS AIRES (Reuters) - Argentina's financial crisis, which has been marked by exchange rate volatility and soaring inflation, should start abating in November and December, with large foreign currency inflows from the wheat harvest, cabinet chief Agustin Rossi told Reuters on Friday.

Argentina's prolonged financial crisis has been aggravated by a ferocious drought that reduced crucial agricultural exports by an estimated $20 billion this year.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

California avalanche: All nine victim bodies recovered
Two KLM aircraft collide on the ground at Schiphol Airport
Trump says he is sending a hospital ship to Greenland
OIC condemns statements by US ambassador to Israel
Trump hikes US global tariff rate to 15%
Australia rejects report it is repatriating families of IS militants from Syrian camp
5 bodies of migrants washed ashore in east of Libya's capital Tripoli, police officer says
Islamic State claims two attacks on Syrian army, announces ‘new phase’ of operations
German duo Nolte/Levi defend Olympic title in 2-woman bobsled
Medal table at Milan-Cortina Winter Olympics on February 21

Others Also Read