# Markets: the official dollar hits its highest value of the year, though it rose less than inflation

> The official retail dollar rose 5 pesos to 1,565 at Banco Nación, a nominal high for the year. Year-to-date it is up 5.7%, against 23.6% inflation through September.

- Date: 2026-11-02 · published 2026-11-02T21:13:05.807Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/75949-markets-the-official-dollar-hits-its-highest-value-of-the-year-though-it-rose
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

A real peso appreciation makes Argentine imports cheaper and weakens export competitiveness for soy and corn. This has little direct effect on world commodity prices.

## Sources

- lanacion.com.ar: https://www.lanacion.com.ar/economia/mercados-el-dolar-oficial-toca-el-valor-mas-alto-del-ano-aunque-avanzo-menos-que-la-inflacion-nid02112026/

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