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The unofficial peso rate held near 201 per dollar after the ruling party lost Sunday's midterm elections, while the official rate stood near 100.31. The central bank sold dollars to restrain the devaluation pace, and reserves fell.
Stable parallel rates and continued central bank intervention keep the currency gap wide, sustaining import cost uncertainty for Argentine feed buyers.
en.mercopress.comNov 16, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
