# Argentina's peso under scrutiny following capital controls, as U.S. markets reopen | Financial Post

> Investors awaited the reaction of U.S. markets after Argentina's capital controls, which were imposed over the weekend. Argentine bonds had fallen to record lows on Monday, and some foreign-traded bank shares were tentatively higher. The peso ended 0.79% weaker in the black market and 0.88% stronger officially, at 63.5 per dollar.

- Date: 2019-09-03 · published 2019-09-03T12:00:00.000Z
- Category: macro · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/57375-argentina-s-peso-under-scrutiny-following-capital-controls-as-u-s-markets
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Uncertainty over the controls keeps Argentine financial conditions volatile, which can affect the cost of trade finance for Argentine exports. Feed buyers should watch for changes in export flows.

## Read by commodity

- USDARS: neutral

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/argentinas-peso-under-scrutiny-following-capital-controls-as-u-s-markets-reopen

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