# Caputo rules out devaluation to boost competitiveness

> Economy Minister Luis Caputo told the Argentine Industrial Union conference that the government will not devalue to improve competitiveness and will instead cut taxes, regulations and financial costs. He cited a historic decline in Argentine manufacturing.

- Date: 2026-11-03 · published 2026-11-04T00:14:32.561Z
- Category: policy · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/78631-caputo-rules-out-devaluation-to-boost-competitiveness
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

A firm no-devaluation stance keeps the peso's real value stable, which affects Argentine import costs for feed ingredients but does not move global commodity prices.

## Read by commodity

- USDARS: neutral

## Sources

- buenosairesherald.com: https://buenosairesherald.com/economics/caputo-rules-out-devaluation-to-boost-competitiveness
- vespernews.com: https://www.vespernews.com/en/news/3afbe6eb-a288-4847-9590-d2df847f5431

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