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The Argentine wholesale dollar rose to near 1,550 pesos at the start of November. A Central Bank report showed international reserves fell by more than US$2.1 billion in September despite the central bank's FX purchases.
Falling reserves limit the central bank's capacity to defend the peso, which can keep exchange-rate volatility high for Argentine grain and meal exporters and affect their pricing and selling decisions.
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.