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Argentina increases corn export volume to boost foreign exchange earnings
Argentina, a leading global corn exporter, recently amplified the available volume for corn exports and added corn to its portfolio of goods that receive advantageous exchange rates for exporters. This adjustment aims to bolster the inflow of foreign currency into the country, which has been grappling with a reserve shortage. The Argentine Secretariat of Agriculture’s […]
Brazil Leads Fifth UN Resolution Effort on Middle East Issues
Brazil is currently heading the UN Security Council and is drafting a new resolution about the Middle East conflict. After facing four vetoes on past proposals, Brazil aims to succeed this time. Mauro Vieira, the country’s Foreign Minister, shared this development with the media. He mentioned that the new plan would combine the best elements […]
Dollar Marginally Up Against Brazilian Real Amid Federal Reserve Rate Worries
The US dollar slightly strengthened against the Brazilian real, ending Wednesday with a 0.13% increase to close at 4.9385 reais. This movement was due to the anticipation and eventual release of the Federal Reserve’s meeting minutes, which highlighted concerns over early interest rate reductions. The day’s trading was marked by cautious trading patterns ahead of […]