# Argentina's central bank boss Luis Caputo quits after three months

> Argentina's central bank governor Luis Caputo resigned after three months, citing personal reasons, and the peso fell a further 4%. The country's main share index fell more than 5% at the open.

- Date: 2018-09-25 · published 2018-09-25T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/63335-argentina-s-central-bank-boss-luis-caputo-quits-after-three-months
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Instability in Argentina's monetary leadership deepens currency pressure, which can make Argentine grain and meal exports cheaper and weigh on world oilseed and corn prices.

## Read by commodity

- SBM: bearish ▼
- USDARS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2024-05-23 | [China Allows Yuan to Drop as Outflows, Dollar Test Central Bank’s Grip - Caixin Global](https://feedsoft.ai/events/30490-china-allows-yuan-to-drop-as-outflows-dollar-test-central-bank-s-grip-caixin.md) | -2.2% | -5.9% |
| SBM | 2019-08-31 | [Argentina curbs banks' access to pesos amid growing market turmoil](https://feedsoft.ai/events/57871-argentina-curbs-banks-access-to-pesos-amid-growing-market-turmoil.md) | -0.3% | +2.3% |
| SBM | 2018-09-27 | [Argentina peso slides after record loan with IMF \| AP News](https://feedsoft.ai/events/63331-argentina-peso-slides-after-record-loan-with-imf-ap-news.md) | -0.1% | -0.5% |
| SBM | 2020-04-24 | [Bolsonaro in crisis mode after Brazil justice minister quits \| AP News](https://feedsoft.ai/events/8724-bolsonaro-in-crisis-mode-after-brazil-justice-minister-quits-ap-news.md) | +0.3% | -2.1% |
| SBM | 2020-03-18 | [Brazil central bank wades into FX, bond markets but real slump accelerates \| Financial Post](https://feedsoft.ai/events/54309-brazil-central-bank-wades-into-fx-bond-markets-but-real-slump-accelerates.md) | +11.3% | -2.0% |

## Sources

- bbc.com: https://www.bbc.com/news/business-45643974

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