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A Reuters central bank poll of 43 economists forecasts Argentina's economy growing 6.2% in 2021 with inflation at 48.1%. Respondents expect the exchange rate to reach 118.6 pesos per dollar by December 2021.
Expected peso depreciation and sticky inflation point to a weaker currency that can make Argentine soybean and meal exports cheaper on world markets, a modest bearish factor for soymeal prices.
kfgo.comThomson ReutersMar 5, 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.
