# Central Bank sells dollars for first time since April | Buenos Aires Times

> Argentina's Central Bank sold dollars in late July for the first time in three months to slow peso depreciation. The bank sold about US$70 million on July 27 and an estimated US$310 million over the last week of July. Annual inflation is near 50%, and seasonal crop-export dollar inflows are expected to decline.

- Date: 2021-08-03 · published 2021-08-03T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/45834-central-bank-sells-dollars-for-first-time-since-april-buenos-aires-times
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Lower dollar supply from crop exporters and peso pressure can raise the cost of Argentine grain and meal exports in dollar terms, and may prompt import curbs that affect feed ingredient flows.

## Read by commodity

- USDARS: bullish ▲

## Sources

- batimes.com.ar: https://batimes.com.ar/news/economy/central-bank-sells-dollars-for-first-time-since-april.phtml

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