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Argentina's international reserves rose from US$48.288 billion to US$50.164 billion during October, while country risk climbed from 636 to 787 basis points over the same month. The wholesale dollar reached 1,544.65 pesos on November 2, its highest nominal level in a year.
The gap between higher reserves and rising borrowing costs signals investor doubt about Argentina's financing capacity, a macro factor that can pressure the peso and shape Argentine export incentives for soy and meal.
analistamacro.comNov 2, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
