# Argentine peso falls after central bank changes regime - Central Banking

> The Argentine peso fell sharply on October 2 after the central bank introduced a more flexible exchange rate regime on October 1. The official rate moved from 76.2 to 76.9 per dollar, while the unofficial dólar blue moved from 147 to 150 per dollar. The spread between official and unofficial rates widened.

- Date: 2020-10-05 · published 2020-10-05T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/50914-argentine-peso-falls-after-central-bank-changes-regime-central-banking
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

A weaker official peso alongside a wider parallel gap signals continued capital controls and currency stress, which can influence the timing of Argentine oilseed and grain sales.

## Read by commodity

- USDARS: bullish ▲

## Sources

- centralbanking.com: https://www.centralbanking.com/central-banks/monetary-policy/international/7692981/argentine-peso-falls-after-central-bank-changes-regime

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