# Argentina: Traders Bet on Weaker Peso as Milei’s IMF Deal Looms - Bloomberg

> Traders pushed the peso lower in futures markets last week after Economy Minister Luis Caputo said he did not yet know the size of a new IMF program. Caputo maintained there would be no peso devaluation, though the comments left room for FX changes soon.

- Date: 2025-03-26 · published 2025-03-26T12:00:00.000Z
- Category: macro · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/25875-argentina-traders-bet-on-weaker-peso-as-milei-s-imf-deal-looms-bloomberg
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Futures betting on a weaker peso signals that markets expect currency adjustment, which affects the peso cost of Argentine oilseed sales and farmer selling decisions. Any devaluation would tend to speed up exports and weigh on soymeal and soyoil prices.

## Read by commodity

- USDARS: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2025-03-26/argentina-traders-bet-on-weaker-peso-as-milei-s-imf-deal-looms

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