# Argentina: Slowing the Crawling Peg

> Argentina will narrow the USDARS crawling peg from 2% to 1% per month starting February 1, while FX controls remain in place for now. The analysis says the move could have wider implications and includes a revised forecast path.

- Date: 2025-01-16 · published 2025-01-16T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/26801-argentina-slowing-the-crawling-peg
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

A slower peso crawl reduces the peso's depreciation, which affects Argentine farmer selling and export competitiveness for soy and corn. The effect on global feed prices is modest while capital controls persist.

## Read by commodity

- USDARS: bearish ▼

## Sources

- bbvamarketstrategy.com: https://www.bbvamarketstrategy.com/public/macro/argentina-slowing-the-crawling-peg/

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