# Argentina limits access to foreign exchange, blue dollar rates rise - DatamarNews

> On June 27 Argentina's central bank temporarily restricted foreign exchange access for large companies and luxury goods importers, and paused foreign-currency import payments. The blue dollar rate rose to 232 pesos and the country risk index hit a record.

- Date: 2022-06-28 · published 2022-06-28T12:00:00.000Z
- Category: policy · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/41228-argentina-limits-access-to-foreign-exchange-blue-dollar-rates-rise-datamarnews
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Currency controls can disrupt import payments and trade flows with Brazil, and reduced access to dollars may also slow farm input purchases, adding pressure to Argentine export logistics and prices.

## Read by commodity

- SBM: neutral
- CORN: neutral
- USDARS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-09-08 | [Argentina: Soybean exporters will have access to dollars for industrial production](https://feedsoft.ai/events/13954-argentina-soybean-exporters-will-have-access-to-dollars-for-industrial.md) | -0.2% | -6.8% |
| SBM | 2023-11-27 | [Can Argentina really move from the peso to the dollar? - BBC Money](https://feedsoft.ai/events/33461-can-argentina-really-move-from-the-peso-to-the-dollar-bbc-money.md) | -5.8% | -11.3% |
| SBM | 2023-04-25 | [Argentina vows to battle peso slide towards 500 per dollar in black market By Reuters](https://feedsoft.ai/events/36675-argentina-vows-to-battle-peso-slide-towards-500-per-dollar-in-black-market-by.md) | -1.7% | -6.7% |
| SBM | 2024-03-21 | [Dollar: market believes exchange rate unification will take time - Buenos Aires Herald](https://feedsoft.ai/events/31490-dollar-market-believes-exchange-rate-unification-will-take-time-buenos-aires.md) | -1.4% | -1.5% |
| SBM | 2018-05-28 | [Argentina to raise biodiesel export tax to 15% as of July 1  : The Daily Digest](https://feedsoft.ai/events/65105-argentina-to-raise-biodiesel-export-tax-to-15-as-of-july-1-the-daily-digest.md) | -3.0% | -12.5% |
| CORN | 2021-09-29 | [Argentina may change tax structure on grain exports - DatamarNews](https://feedsoft.ai/events/44930-argentina-may-change-tax-structure-on-grain-exports-datamarnews.md) | +1.6% | +2.0% |
| CORN | 2020-06-18 | [Argentine farmers raise concerns over linking sovereign bonds to food exports
						 \| The Cattle Site](https://feedsoft.ai/events/52445-argentine-farmers-raise-concerns-over-linking-sovereign-bonds-to-food-exports.md) | -0.9% | -0.8% |
| CORN | 2023-04-25 | [Argentina vows to battle peso slide towards 500 per dollar in black market By Reuters](https://feedsoft.ai/events/36675-argentina-vows-to-battle-peso-slide-towards-500-per-dollar-in-black-market-by.md) | -2.4% | -6.4% |

## Sources

- datamarnews.com: https://datamarnews.com/noticias/argentina-limits-access-to-foreign-exchange-blue-dollar-rates-rise/

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