# Government plans to maintain AR$350 exchange rate until Nov. 15 - Buenos Aires Herald

> Government sources said the official dollar rate will be held at AR$350 until November 15, with a possible small adjustment afterward that would be slightly below monthly inflation. The recent devaluation was reportedly agreed with the IMF but brought forward after the primary election results.

- Date: 2023-08-22 · published 2023-08-22T12:00:00.000Z
- Category: policy · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/34876-government-plans-to-maintain-ar-350-exchange-rate-until-nov-15-buenos-aires
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

A managed peg until mid-November limits near-term exchange rate swings, which gives exporters a clearer price signal, but the policy is still vulnerable to reserve shortages and inflation.

## Read by commodity

- USDARS: neutral

## Sources

- buenosairesherald.com: https://buenosairesherald.com/economics/dollar-peso/government-plans-to-maintain-ar350-exchange-rate-until-nov-15

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