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Argentina's black market dollar has fallen since July, narrowing its gap with the official rate of 980 pesos. Chilean shoppers are now crossing into Argentina to buy goods that have become cheaper there.
A firmer peso reflects Milei's economic reforms and affects the cost of Argentine farm exports, though the direct effect on feed commodity prices is limited.
apnews.comIsabel DeBreDec 10, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
