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The Argentine dollar reached new nominal highs on Monday, November 2. The wholesale rate rose 0.7% to 1,545.50 pesos, and the Banco Nación retail rate reached 1,565.
The blue dollar in San Juan traded at 1,585, while the official rate remained far below the band ceiling.
A weaker peso lowers the dollar cost of Argentine soymeal and corn exports, which can support export competitiveness and firm regional meal prices.
Not 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.