# How Argentina is trying to win its struggle with an 83% rate of inflation : NPR

> Argentina's inflation has reached 83%, and the government is trying to stabilize the peso through a complex system of exchange rates, rules and taxes on foreign currency. Public frustration over the new rates is growing.

- Date: 2022-10-28 · published 2022-10-28T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/39440-how-argentina-is-trying-to-win-its-struggle-with-an-83-rate-of-inflation-npr
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Very high inflation and currency controls in Argentina affect farmer selling incentives and the peso price of exports. These conditions can keep Argentine soy and meal supply moving to market irregularly.

## Read by commodity

- USDARS: bullish ▲

## Sources

- npr.org: https://www.npr.org/2022/10/28/1132163763/how-argentina-is-trying-to-win-its-struggle-with-an-83-rate-of-inflation

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