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Argentina's central bank cut its one-day peso repo rate by 300 basis points to 22%. The peso edged up 0.1% to close at 1,452 per US dollar after a 1.9% gain the previous session.
Dollar bonds rose across the curve as markets stabilised after the midterm elections.
Lower rates and a firmer peso reduce pressure to devalue, which can slow Argentine farmer selling of soybeans and meal and tighten export availability. The effect on world feed prices is limited.
batimes.com.arJames GraingerNov 6, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
