# Official dollar reaches its highest level of the year, but still lags inflation

> The official retail dollar in Argentina climbed to around 1,560 pesos at Banco Nación, a new high for the year. Despite the nominal rise, the exchange rate's cumulative move remains below overall consumer price inflation.

- Date: 2026-11-02 · published 2026-11-03T00:24:31.564Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/76734-official-dollar-reaches-its-highest-level-of-the-year-but-still-lags-inflation
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

A weaker real peso and a rising official dollar shape the cost of imported feed inputs and Argentine export competitiveness, which can influence crush and export selling decisions for soy products.

## Read by commodity

- USDARS: bearish ▼

## Sources

- canal13sanjuan.com: https://www.canal13sanjuan.com/economia/el-dolar-oficial-alcanza-su-cotizacion-mas-alta-del-ano--pero-continua-por-detras-de-la-inflacion_a6ae8d4b3bcf08930c40584ff

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