# Argentina targets $20 billion IMF deal to bolster markets, FX | Reuters

> Argentina is targeting a roughly $20 billion IMF program to strengthen markets and the foreign exchange system. Markets have wobbled over uncertainty about the deal and fears of faster peso devaluation, with the currency held in check by strict capital controls and a crawling peg.

- Date: 2025-03-27 · published 2025-03-27T12:00:00.000Z
- Category: macro · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/25874-argentina-targets-20-billion-imf-deal-to-bolster-markets-fx-reuters
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Expected peso devaluation or looser FX rules could change the pace of Argentine soybean and meal sales, since farmers hold back sales when the currency outlook is unclear. A weaker peso would make Argentine oilseed exports cheaper in dollar terms and add pressure on world meal prices.

## Read by commodity

- USDARS: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/americas/argentina-imf-talks-targeting-20-billion-loan-deal-minister-says-2025-03-27/

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