# Argentina adds another exchange rate -- for tourists only | AP News

> Argentina introduced an additional exchange rate for tourists, with credit card operators using a rate of 292 pesos per dollar. The official rate was 157 pesos per dollar while the unofficial blue dollar traded up to 285.

- Date: 2022-11-04 · published 2022-11-04T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/38951-argentina-adds-another-exchange-rate-for-tourists-only-ap-news
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Multiple exchange rates reflect ongoing peso weakness and dollar scarcity, which can affect Argentine export incentives and farm-sector economics but has limited direct effect on feed commodity prices.

## Read by commodity

- USDARS: bearish ▼

## Sources

- apnews.com: https://apnews.com/article/travel-business-caribbean-argentina-15702fc6853c4df439e8f35177ca6768

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