Loading…
The US dollar rose 22 cents against the Argentine peso and closed at 37.50 per dollar on Thursday, its second daily gain after seven slumps. Wholesale prices rose 16% in September and are up 66.1% year to date.
The central bank issued 7-day liquidity bills at an average rate of 72.53%.
Rising inflation and a weaker peso raise Argentine feed and input costs, which can slow local livestock and feed demand without materially moving global prices.
en.mercopress.comOct 19, 2018Not 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.
