Argentina leads this luxury market, but the exchange rate hedge is putting it in check

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The foreign exchange restrictions have multiple effects on the Argentine economy.

One of the sectors that could not escape its consequences is wool production, a luxury market that Argentina leads worldwide and used to generate revenues of up to US$260 million annually.

While the economic team is trying to preserve and strengthen the scarce international reserves, the sheep industry is going through a limitation in its growth in a context in which its main strength is exporting, but which currently has an unfavorable exchange rate and a gap that affects the operation of the activity.

Thus, after going through . . .

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