With the "suspension" of withholdings, the Argentine economy lost a mountain of foreign currency because the DJVE were frozen.

The advance of $7 billion in agro-dollars, sold in terms of communication as a "suspension" of export rights, caused harm to the Argentine economy. The interventionist measure, decided on a Sunday and announced the following Monday (improvisation at hand), by encouraging massive registrations of shipments of agro-industrial products in just two days that were to occur in at least a semester's time, caused (and will continue to cause) a hemorrhage of foreign currency in an economy affected by the scarcity of this resource. A concrete example of this drama can be seen in the recent upward trend that international values of soy flour have been recording, which is the main Argentine export product, both in volume and in foreign currency generated. In the case of soy flour, a total of 6.66 million tons were registered on September 24 and 25, within the framework of the "suspension" regime of withholdings. On both dates, the official FOB values at the time of registering a Sworn ...