# Wholesale dollar jumps near 1,550 pesos at the start of November

> 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.

- Date: 2026-11-02 · published 2026-11-03T03:09:52.500Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/76908-wholesale-dollar-jumps-near-1-550-pesos-at-the-start-of-november
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

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.

## Read by commodity

- USDARS: bullish ▲

## Sources

- examedia.com.ar: https://www.examedia.com.ar/portada/post/88167328

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