# GlobalSource Partners | Peso appreciation is worrying the government

> Argentina's inflation remains stuck slightly above the Central Bank's target while the economic recovery looks fragile, and social unrest including strikes and blockades continues. Economist Domingo Cavallo says the government faces a dilemma as peso appreciation lowers inflation but discourages exports and hurts import-competing manufacturers.

- Date: 2017-04-07 · published 2017-04-07T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/71769-globalsource-partners-peso-appreciation-is-worrying-the-government
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A strong peso makes Argentine exports such as soybeans and meal less competitive, which can weigh on export demand and farm selling pressure; any policy shift to allow depreciation would tend to support Argentine export prices.

## Read by commodity

- SBM: neutral
- USDARS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2025-08-25 | [Argentina's financial markets tumble amid government corruption allegations \| Reuters](https://feedsoft.ai/events/23599-argentina-s-financial-markets-tumble-amid-government-corruption-allegations.md) | -3.5% | -4.4% |
| SBM | 2022-08-02 | [Argentina’s Cash Needed to Avert Devaluation is Drying Up](https://feedsoft.ai/events/40324-argentina-s-cash-needed-to-avert-devaluation-is-drying-up.md) | +1.9% | -2.0% |
| SBM | 2026-10-08 | [Argentina's two-speed economy deepens as peso appreciates and manufacturing collapses \| 24EcoNews](https://feedsoft.ai/events/17348-argentina-s-two-speed-economy-deepens-as-peso-appreciates-and-manufacturing.md) | +3.5% | -6.4% |
| SBM | 2020-04-03 | [Grim reality of severe global economic recession slams meat industry
						 \| The Pig Site](https://feedsoft.ai/events/6602-grim-reality-of-severe-global-economic-recession-slams-meat-industry-the-pig.md) | -5.4% | -7.0% |
| SBM | 2023-04-27 | [Argentina seeks to tame inflation, peso with biggest rate hike since 2019 \| Financial Post](https://feedsoft.ai/events/36673-argentina-seeks-to-tame-inflation-peso-with-biggest-rate-hike-since-2019.md) | -0.7% | -6.2% |

## Sources

- gsp-production.globalsourcedirect.com: https://gsp-production.globalsourcedirect.com/posts/peso-appreciation-is-worrying-the-government-but-not-the-central-bank/teaser

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