# U.S. dollar exchange rate in Argentina hits all-time high of AR$1,380 - Buenos Aires Herald

> The official wholesale dollar rate in Argentina hit an all-time high of AR$1,380 per U.S. dollar, jumping 55 pesos in a single day. The move followed a peso debt auction in which the government refinanced only 76% of maturities despite offering high interest rates, and the central bank's decision not to buy reserves.

- Date: 2025-07-31 · published 2025-07-31T12:00:00.000Z
- Category: macro · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/24045-u-s-dollar-exchange-rate-in-argentina-hits-all-time-high-of-ar-1-380-buenos
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A weaker peso can slow Argentine farm selling in the near term, but a sharp currency move also changes export competitiveness, which feeds into soymeal and oil export pricing.

## Read by commodity

- SBM: neutral
- USDARS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2024-12-11 | [Exchange rate gap drops to 4%, a record low - Buenos Aires Herald](https://feedsoft.ai/events/27240-exchange-rate-gap-drops-to-4-a-record-low-buenos-aires-herald.md) | -0.6% | +1.2% |
| SBM | 2024-07-16 | [Argentina’s new bid to ‘sterilize’ peso emissions lowers parallel dollar rates… now what? - Buenos Aires Herald](https://feedsoft.ai/events/29583-argentina-s-new-bid-to-sterilize-peso-emissions-lowers-parallel-dollar-rates.md) | +2.6% | -3.5% |
| SBM | 2026-08-28 | [Exchange rate heats up to close August. Is Milei changing strategies? - Buenos Aires Herald](https://feedsoft.ai/events/18167-exchange-rate-heats-up-to-close-august-is-milei-changing-strategies-buenos.md) | +2.5% | +9.1% |
| SBM | 2024-06-25 | [Milei’s push to rebuild Argentina’s foreign reserves grinds to a halt \| Buenos Aires Times](https://feedsoft.ai/events/30075-milei-s-push-to-rebuild-argentina-s-foreign-reserves-grinds-to-a-halt-buenos.md) | -1.8% | -7.4% |
| SBM | 2025-04-18 | [First week without the cepo: dollar rises and falls, impact on prices remains unclear - Buenos Aires Herald](https://feedsoft.ai/events/25433-first-week-without-the-cepo-dollar-rises-and-falls-impact-on-prices-remains.md) | -1.6% | -2.0% |

## Sources

- buenosairesherald.com: https://buenosairesherald.com/economics/u-s-dollar-exchange-rate-in-argentina-hits-all-time-high-of-ar1380

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.