# BCRA shift puts Argentine peso under pressure | Capital Economics

> Capital Economics commentary says a shift in the central bank's (BCRA) policy is putting pressure on the Argentine peso. The text provided contains little beyond the headline and firm details.

- Date: 2018-01-25 · published 2018-01-25T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/67268-bcra-shift-puts-argentine-peso-under-pressure-capital-economics
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Peso weakness can lift Argentine farmers' incentive to sell soybeans and products, adding export supply and weighing on soymeal prices.

## Read by commodity

- SBM: bearish ▼
- USDARS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2019-08-27 | [To shore up peso, Argentina breaks IMF rule \| Business and Economy \| Al Jazeera](https://feedsoft.ai/events/57874-to-shore-up-peso-argentina-breaks-imf-rule-business-and-economy-al-jazeera.md) | -1.7% | +0.8% |
| SBM | 2018-06-28 | [How a Rising U.S. Dollar Puts Argentina's and Brazil's Economies at Risk](https://feedsoft.ai/events/64805-how-a-rising-u-s-dollar-puts-argentina-s-and-brazil-s-economies-at-risk.md) | -1.7% | -0.4% |
| SBM | 2018-05-15 | [Argentine peso takes fresh hit amid uncertainty  \| Buenos Aires Times](https://feedsoft.ai/events/65311-argentine-peso-takes-fresh-hit-amid-uncertainty-buenos-aires-times.md) | -2.7% | -9.3% |
| SBM | 2018-05-03 | [Argentina peso crashes 7.8 pct despite 2nd interest rate jolt](https://feedsoft.ai/events/65312-argentina-peso-crashes-7-8-pct-despite-2nd-interest-rate-jolt.md) | -2.7% | -6.2% |
| SBM | 2022-06-28 | [Argentina's economic crisis whack-a-mole goes into overdrive \| Reuters](https://feedsoft.ai/events/41227-argentina-s-economic-crisis-whack-a-mole-goes-into-overdrive-reuters.md) | +2.3% | +0.9% |

## Sources

- capitaleconomics.com: https://www.capitaleconomics.com/clients/publications/latin-america-economics/latin-america-markets-monitor/bcra-shift-puts-argentine-peso-under-pressure

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