# Argentina Peso (ARS USD) Quote and News: Orthodox Policy Signals to Ease Dollar - Bloomberg

> Argentina is shifting to more orthodox economic measures after heavy-handed currency restrictions failed to stop a run on the peso. In October it curbed money supply growth, raised interest rates, and pledged not to finance itself with temporary central bank advances.

- Date: 2020-11-06 · published 2020-11-06T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/50453-argentina-peso-ars-usd-quote-and-news-orthodox-policy-signals-to-ease-dollar
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Tighter policy aimed at restoring confidence could ease pressure on the peso and slow dollar demand. A steadier peso lowers the incentive for farmers to rush sales, which slightly reduces upward pressure on Argentine dollar-denominated soymeal and grain export prices.

## Read by commodity

- USDARS: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2020-11-06/argentina-turns-to-orthodox-policy-signals-to-ease-dollar-craze

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