# Argentina Currency Crisis Pain Is Spreading - Bloomberg

> Argentina's financial-market rout is hurting businesses that rely on imported inputs paid in foreign currency, forcing some firms to scale back. The article describes spreading economic pain after the peso's collapse.

- Date: 2018-08-30 · published 2018-08-30T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/63821-argentina-currency-crisis-pain-is-spreading-bloomberg
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Domestic demand destruction and cash stress in Argentina may weigh on local feed and livestock demand, while the weaker peso supports export competitiveness for oilseeds.

## Read by commodity

- USDARS: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2018-08-30/what-s-a-peso-worth-all-bets-are-off-as-argentina-pain-spreads

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