date:Dec 06, 2013
my, central bank reserves have slumped more than 30 percent so far this year to $30.5 billion.
Desperate for greenbacks, the government said farmers are sitting on $6.5 billion worth of soybeans in a bid to avoid exposure to the wobbly Argentine peso. The government has imposed currency controls to slow capital flight by keeping dollars out of the hands of Argentine savers and businesses.
It's more reliable to save in soybeans than in pesos, which are losing their value by the day, said Adrean