# Argentina's Milei signals 'no room' for FX devaluation

> Argentine President Javier Milei said there is 'no room' for a currency devaluation while the country is in advanced talks with the IMF over a potential $20 billion deal. The government is trying to rebuild depleted reserves and support the peso, which is held in check by strict capital controls.

- Date: 2025-03-27 · published 2025-03-27T12:00:00.000Z
- Category: macro · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/25876-argentina-s-milei-signals-no-room-for-fx-devaluation
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

A firm no-devaluation stance lowers near-term expectations of a faster peso drop, which could slow farmer selling of soy products. Reserve pressure and the eventual IMF terms remain the main swing factors for Argentine export flows.

## Read by commodity

- USDARS: neutral

## Sources

- reuters.com: https://www.reuters.com/world/americas/argentinas-milei-signals-no-room-fx-devaluation-2025-03-27/

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