# Argentina wholesaler launches its own dollar exchange rate - Buenos Aires Herald

> Argentine supermarket wholesaler Diarco launched its own dollar exchange rate, letting shoppers pay for peso-priced goods with cash dollars at 1,400 pesos per dollar, about 55 pesos above the blue rate. The offer applies only to purchases at least equal to the bill's value at its wholesale locations.

- Date: 2024-08-19 · published 2024-08-19T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/29081-argentina-wholesaler-launches-its-own-dollar-exchange-rate-buenos-aires-herald
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

This is a retail currency workaround with no direct effect on grain or feed supply, demand or prices, and it signals ongoing peso stress in Argentina's economy.

## Sources

- buenosairesherald.com: https://buenosairesherald.com/business/argentina-wholesaler-launches-its-own-dollar-exchange-rate

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