# Savers buying up dollars after Milei lifts currency controls | Buenos Aires Times

> Argentine savers are buying dollars after the government granted them full freedom to purchase foreign currency. Dollar deposits in bank accounts rose by US$1 billion in the first eight business days after the restrictions were lifted. Demand is fuelled by a favourable exchange rate and seasonal export flows.

- Date: 2025-04-30 · published 2025-04-30T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/25428-savers-buying-up-dollars-after-milei-lifts-currency-controls-buenos-aires-times
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Heavy dollar demand from savers adds pressure on the peso, which affects the peso value of Argentine grain and oilseed exports. Currency moves of this kind change farmer selling decisions for soy products.

## Read by commodity

- USDARS: bullish ▲

## Sources

- batimes.com.ar: https://batimes.com.ar/news/economy/savers-in-argentina-buying-up-dollars-after-milei-lifts-currency-controls.phtml

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