# How Much Is a Peso Worth in Argentina? It Depends - Bloomberg

> Argentina operates about a dozen different exchange rates, and the government keeps adding rules on who can access dollars and for what purposes. The measures are intended to delay a formal devaluation of the peso.

- Date: 2022-10-12 · published 2022-10-12T12:00:00.000Z
- Category: policy · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/39438-how-much-is-a-peso-worth-in-argentina-it-depends-bloomberg
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Multiple exchange rates and access rules distort the export and import economy, which affects crush margins and trade flows for soy products. Delayed devaluation also raises the risk of a sudden adjustment later.

## Read by commodity

- USDARS: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-10-12/from-coldplay-shows-to-world-cup-argentina-mixes-exchange-rates

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