# Consulting firms: IMF disbursement will help Central Bank manage currency market - Buenos Aires Herald

> Economic consultants say the IMF staff agreement will let the Central Bank regain currency intervention capacity from a planned $7.5 billion disbursement in August. Analysts doubt Argentina can meet its lowered reserve target.

- Date: 2023-07-31 · published 2023-07-31T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/35335-consulting-firms-imf-disbursement-will-help-central-bank-manage-currency-market
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Central bank intervention capacity affects peso stability and therefore Argentine export pricing for soymeal and corn, which influences world feed meal competitiveness.

## Read by commodity

- SBM: neutral
- USDARS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-08-31 | [Argentina peso firms as central bank intervenes, IMF voices support](https://feedsoft.ai/events/63818-argentina-peso-firms-as-central-bank-intervenes-imf-voices-support.md) | +4.2% | +1.3% |
| SBM | 2025-01-30 | [Brazil central bank hikes rates by 100 bps, confirms same in March](https://feedsoft.ai/events/26712-brazil-central-bank-hikes-rates-by-100-bps-confirms-same-in-march.md) | -0.5% | -4.8% |
| SBM | 2026-08-28 | [Exchange rate heats up to close August. Is Milei changing strategies? - Buenos Aires Herald](https://feedsoft.ai/events/18167-exchange-rate-heats-up-to-close-august-is-milei-changing-strategies-buenos.md) | +2.5% | +9.1% |
| SBM | 2025-04-18 | [First week without the cepo: dollar rises and falls, impact on prices remains unclear - Buenos Aires Herald](https://feedsoft.ai/events/25433-first-week-without-the-cepo-dollar-rises-and-falls-impact-on-prices-remains.md) | -1.6% | -2.0% |
| SBM | 2020-04-24 | [Rush to black-market dollars as economic woes mount \| Buenos Aires Times](https://feedsoft.ai/events/53900-rush-to-black-market-dollars-as-economic-woes-mount-buenos-aires-times.md) | +0.3% | -2.1% |

## Sources

- buenosairesherald.com: https://buenosairesherald.com/economics/consulting-firms-imf-disbursement-will-help-central-bank-manage-currency-market

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