Milei Tax Cut on Crops Lures Quick $7 Billion Into Argentina

A combine harvester cuts through a field of soybean plants at a farm in San Jose de la Esquina, Argentina.Photographer: Natalia Favre/Bloomberg

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Argentina’s currency market is being flooded with dollars from grain purchases, prompting calls for the government to start rebuilding its stock of hard-currency reserves after selling more than $1 billion last week.