# Argentina: The contrary economy

> LatinNews reports that Argentina's peso has strengthened while peers such as Mexico weakened after Donald Trump's US election victory. The Banco Central has been cutting rates from record highs, and inflation near 40% is beginning to ease while the economy remains in recession.

- Date: 2016-11-23 · published 2016-11-23T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/74095-argentina-the-contrary-economy
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

A stronger peso and a dollar glut in Argentina can slow farmer selling of soybeans and corn, which tends to support export prices, but the effect on feed markets is modest.

## Read by commodity

- USDARS: neutral

## Sources

- latinnews.com: https://www.latinnews.com/component/legacyk2/item/70543-argentina-the-contrary-economy

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