# Argentina central bank speeds up FX sales to prop up peso

> Argentina's central bank accelerated its dollar sales to support the peso amid uncertainty over a new IMF deal. The bank sold more than half a billion dollars over two rounds of intervention, ending a six-week run of net dollar purchases.

- Date: 2025-03-18 · published 2025-03-18T12:00:00.000Z
- Category: macro · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/25877-argentina-central-bank-speeds-up-fx-sales-to-prop-up-peso
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Heavy central bank dollar sales show strain on the peso and reserves, which raises the odds of a currency adjustment that could shift Argentine oilseed export timing. Currency moves are a key driver of how quickly Argentine soymeal and soyoil reach world markets.

## Read by commodity

- USDARS: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/argentina-central-bank-speeds-up-fx-sales-prop-up-peso-2025-03-18/

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