# USD/ARS: The Curious Case Of The Argentine Peso | Investing.com

> The Argentine peso has lost about 71% of its value against the US dollar over two years, with the official rate near 98.5 pesos per dollar in late September 2021. Annual consumer price inflation was 51.4% as of August 2021. The article also describes central bank intervention and capital controls that restrict dollar transactions.

- Date: 2021-09-27 · published 2021-09-27T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/45334-usd-ars-the-curious-case-of-the-argentine-peso-investing-com
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Continued peso depreciation and high inflation raise Argentina's cost of production and encourage farmers to hold or sell grain for dollars, which can tighten exportable supplies of soymeal and corn. The price effect on world markets is limited, but the trend supports Argentine export pricing.

## Read by commodity

- USDARS: bullish ▲

## Sources

- investing.com: https://www.investing.com/analysis/usdars-the-curious-case-of-the-argentine-peso-200603115

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