# Dollar: the peso appreciated in October while the market watches BCRA reserve purchases closely

> The wholesale dollar rose about 0.8% to 1,545.50 pesos on Monday after gaining 1.3% in October. Central bank reserves fell by more than USD 2.1 billion in September despite dollar purchases.

- Date: 2026-11-02 · published 2026-11-02T21:13:05.753Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/75948-dollar-the-peso-appreciated-in-october-while-the-market-watches-bcra-reserve
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

Pressure on the peso and reserve drawdowns raise the risk of tighter currency controls, which can affect Argentine import and export flows for grains and oilseeds. The effect on global prices is small.

## Read by commodity

- USDARS: bullish ▲

## Sources

- ambito.com: https://www.ambito.com/finanzas/dolar-el-peso-volvio-apreciarse-octubre-y-el-mercado-sigue-cerca-las-compras-reservas-del-bcra-n6340396

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