Argentina Macroeconomic Updates Argentina saw a shortened trading week, with no markets last Thursday and Friday. It was also the first week of trading under the new exchange rate regulations, so it took the markets a few days to adjust. Regarding the official exchange rate, it opened on Monday above 1,200 ARS/USD (versus 1,075 the previous Friday) and ended the week at 1,170 ARS/USD - slightly above the 1,130 ARS/USD that exporters had been using to settle under the "dólar blend" scheme. As for prices, by the end of the week, nearly all commodities posted significant gains – some even larger than the exchange rate increase – meaning prices rose slightly in U.S. dollar terms as well. Still, due to the uncertainty and the...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.