# Dollar fever subsides in Argentina as IMF support stabilises peso - Gulf Times

> Argentines sold more dollars than they bought in November for the first time in nearly five years, with net sales of $107 million, after the government stabilised the peso with support from a $56 billion IMF bailout. The peso has still lost more than half its value this year.

- Date: 2018-12-30 · published 2018-12-30T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/61828-dollar-fever-subsides-in-argentina-as-imf-support-stabilises-peso-gulf-times
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Feed buyers importing Argentine-linked products face a currency that is stabilising, which can ease import costs and support Argentine export selling of soy products, though the peso's deep 2018 losses still matter for exporter margins.

## Read by commodity

- USDARS: bearish ▼

## Sources

- gulf-times.com: https://www.gulf-times.com/story/617891/dollar-fever-subsides-in-argentina-as-imf-support-stabilises-peso

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