# Dollar: market believes exchange rate unification will take time - Buenos Aires Herald

> Analysts expect Argentina's removal of currency controls, known as the cepo, to be gradual, with full exchange-rate unification not imminent. President Milei said the end of the cepo is closer but gave no firm timing. The government is reducing peso liabilities at the central bank to limit the risk of a dollar run once controls lift.

- Date: 2024-03-21 · published 2024-03-21T12:00:00.000Z
- Category: policy · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/31490-dollar-market-believes-exchange-rate-unification-will-take-time-buenos-aires
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

If the cepo is lifted, the removal of the official-parallel gap could change the incentive for exporters to sell grain and meal, shifting Argentine export flows in the coming months.

## Read by commodity

- SBM: neutral
- USDARS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2024-08-30 | ['Uncertainty' over government decision to postpone end of exchange restrictions - Buenos Aires Herald](https://feedsoft.ai/events/29080-uncertainty-over-government-decision-to-postpone-end-of-exchange-restrictions.md) | +3.0% | +4.7% |
| SBM | 2022-06-28 | [Argentina limits access to foreign exchange, blue dollar rates rise - DatamarNews](https://feedsoft.ai/events/41228-argentina-limits-access-to-foreign-exchange-blue-dollar-rates-rise-datamarnews.md) | +2.3% | +0.9% |
| SBM | 2019-09-01 | [Measures to safeguard exchange rate stability and savers \| BCRA](https://feedsoft.ai/events/57370-measures-to-safeguard-exchange-rate-stability-and-savers-bcra.md) | -0.3% | +2.3% |
| SBM | 2019-12-09 | [Blow for Fernández as crop windfall slips away \| Buenos Aires Times](https://feedsoft.ai/events/55424-blow-for-fernandez-as-crop-windfall-slips-away-buenos-aires-times.md) | -0.6% | -0.3% |
| SBM | 2025-04-11 | [Beginning of stage 3 of the economic program with relaxation of currency restrictions and an exchange rate to float within a band \| BCRA](https://feedsoft.ai/events/25427-beginning-of-stage-3-of-the-economic-program-with-relaxation-of-currency.md) | -0.1% | -3.3% |

## Sources

- buenosairesherald.com: https://buenosairesherald.com/economics/dollar-peso/dollar-market-believes-exchange-rate-unification-will-take-time

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