Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
Argentina's trade surplus fell sharply in February, the government announced on Thursday, 91.6 percent tighter than the surplus registered in the same month last year and far below market expectations. A recent poll of eight analysts by Reuters had forecast a median $363 million trade surplus for February.
Argentine exports are expected to jump sharply in April as farmers harvest a record soybean crop. Shipments of soybean products to countries such as China are expected to bring in an around $29 billion.
The inflow of U.S. dollars from the soybean crop should take pressure off of Argentina's exchange rate and make it easier for people to obtain dollars.
In recent months, high demand for scarce dollars pressured the exchange rate and forced the Central Bank of Argentina to use its currency reserves to prop up the value of the peso.
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