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The Argentine informal (blue) dollar rose about 10 pesos to near 160 pesos on December 24 after a period of stability. Analysts linked the move to Christmas bonus payouts that pushed workers to exchange pesos for dollars.
Renewed parallel-market dollar pressure raises the chance of a devaluation, which could push Argentine farmers to sell grain and oilseeds and shift export pricing, affecting world meal and oil offers.
en.panampost.comMarcelo DuclosDec 24, 2020Not 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.
