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The Argentine peso hit a nominal record of 1,570 per dollar on November 3 as country risk rose to about 800-830 basis points. The central bank made no net FX purchases at the start of November, with an IMF payment of about US$877 million due this week.
Argentina has used about 67% of its 511,000-tonne China beef quota and mid-November shipping windows make completing it unlikely, which could weigh on Argentine beef export flows. Tighter dollar supply mainly matters for Argentine farm export financing.
particle.newsNov 4, 2026Not 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.
