# What multinationals should monitor in the aftermath of Argentina’s peso crash

> The Argentine peso depreciated about 16 percent in May, prompting central bank reserve sales and a rate hike to 40 percent. Negotiations with the IMF on a stand-by arrangement followed, and the peso began to stabilize on May 15.

- Date: 2018-05-21 · published 2018-05-21T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/65313-what-multinationals-should-monitor-in-the-aftermath-of-argentina-s-peso-crash
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Stabilization reduces the urgency of farmer dollar selling, which can ease pressure on Argentine soymeal export offers over time.

## Read by commodity

- SBM: bullish ▲
- USDARS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2025-08-01 | [Argentine Peso Posts Worst Month Since Milei’s 2023 Devaluation](https://feedsoft.ai/events/24044-argentine-peso-posts-worst-month-since-milei-s-2023-devaluation.md) | +3.3% | +8.6% |
| SBM | 2022-06-29 | [Three Signs Show That Argentina Is Heading to a Devaluation - Bloomberg](https://feedsoft.ai/events/41226-three-signs-show-that-argentina-is-heading-to-a-devaluation-bloomberg.md) | -1.1% | +3.0% |
| SBM | 2023-04-26 | [Muddle-through is not enough for Argentina as peso faces fresh pressure \| Financial Post](https://feedsoft.ai/events/36676-muddle-through-is-not-enough-for-argentina-as-peso-faces-fresh-pressure.md) | -1.9% | -7.0% |
| SBM | 2019-08-12 | [Argentina farmers digest primary election shock, wait to export despite weaker peso](https://feedsoft.ai/events/57427-argentina-farmers-digest-primary-election-shock-wait-to-export-despite-weaker.md) | -0.6% | -2.8% |
| SBM | 2023-04-20 | [Argentine peso hits record low in black market as economy creaks](https://feedsoft.ai/events/36672-argentine-peso-hits-record-low-in-black-market-as-economy-creaks.md) | -5.0% | -6.4% |

## Sources

- frontierview.com: https://frontierview.com/insights/what-multinationals-should-monitor-in-the-aftermath-of-argentinas-peso-crash/

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