# Rebound in Argentine peso unlikely to be sustained | Capital Economics

> Capital Economics commentary says a rebound in the Argentine peso is unlikely to be sustained. The text provided contains only the headline and boilerplate, with no supporting detail.

- Date: 2017-02-16 · published 2017-02-16T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/72753-rebound-in-argentine-peso-unlikely-to-be-sustained-capital-economics
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

A weak peso lowers Argentina's effective export prices for soy and corn, which can encourage farmer selling and add pressure on global soymeal and corn prices.

## Read by commodity

- USDARS: neutral

## Sources

- capitaleconomics.com: https://www.capitaleconomics.com/clients/publications/latin-america-economics/latin-america-markets-monitor/rebound-in-argentine-peso-unlikely-to-be-sustained

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