# Argentine Peso and equities end the week back on skid row — MercoPress

> The peso closed at 28.85 per dollar on Friday, a daily depreciation of 2.53% and a loss of about 35% in the first half of the year. Argentine equities fell 2.8% amid weak manufacturing and construction data and a utilities rate-freeze decision.

- Date: 2018-06-30 · published 2018-06-30T12:00:00.000Z
- Category: macro · region Argentina · magnitude medium
- Page: https://feedsoft.ai/events/64802-argentine-peso-and-equities-end-the-week-back-on-skid-row-mercopress
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

A sharp currency slide and capital flight increase Argentine economic stress, which can push local grain sellers to accelerate exports and affects regional oilseed and meal pricing.

## Read by commodity

- USDARS: bearish ▼

## Sources

- en.mercopress.com: https://en.mercopress.com/2018/06/30/argentine-peso-and-equities-end-the-week-back-on-skid-row

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