Loading…
Argentina's first week without currency restrictions passed without a major crisis, with the official rate jumping from 1,108 to 1,233 per dollar on the first trading day. The rate then fell to 1,179.5 by Wednesday.
The central bank opened the official market to foreign investors with a six-month minimum holding period.
Volatile early trading and new access rules for foreign investors affect the currency conditions under which Argentine oilseed and grain exports are priced. That can shift export pace and meal and oil prices.
buenosairesherald.comEstefanía PozzoApr 18, 2025Not enough comparable past events yet for a historical read.
After 73 past neutral macro events, Soybean Meal moved a median -0.3% over 5 sessions (44% higher; middle half -1.9% to +2.1%), and -1.6% over 20.
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.
