# Dollar, prices go up in inflation-ridden Argentina — MercoPress

> 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%.

- Date: 2018-10-19 · published 2018-10-19T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/62822-dollar-prices-go-up-in-inflation-ridden-argentina-mercopress
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

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.

## Read by commodity

- USDARS: bullish ▲

## Sources

- en.mercopress.com: https://en.mercopress.com/2018/10/19/dollar-prices-go-up-in-inflation-ridden-argentina

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