# Informal dollar rate surges in Argentina amid IMF deal uncertainty - Buenos Aires Herald

> The informal parallel dollar rate in Argentina rose to 1,310 pesos as markets demanded details of the IMF agreement. The central bank had sold US$1.3 billion over eight consecutive working days, and gross reserves fell to US$26.2 billion, the lowest since January 2024.

- Date: 2025-03-27 · published 2025-03-27T12:00:00.000Z
- Category: macro · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/25878-informal-dollar-rate-surges-in-argentina-amid-imf-deal-uncertainty-buenos-aires
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

A widening gap between official and parallel rates and falling reserves increase the risk of a sharp peso devaluation, which would affect Argentine oilseed selling and the peso cost of export crops. Higher inflation expectations from devaluation could also weigh on local demand for feed.

## Read by commodity

- USDARS: bullish ▲

## Sources

- buenosairesherald.com: https://buenosairesherald.com/economics/dollar-peso/informal-dollar-rate-surges-in-argentina-amid-imf-deal-uncertainty

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