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Economy Minister Luis Caputo ruled out devaluing the peso in remarks to industrial and economic groups on November 3 and 4, saying a devaluation would impoverish wage earners. The wholesale dollar closed at 1,545.50 pesos on November 5, below the exchange-rate band ceiling; country risk ended at 927 points and reserves were below $50 billion.
The government’s stated commitment to the existing exchange-rate band may limit expectations of peso depreciation and curb the local-currency cost of imported feed. That stance is bearish for USDARS, although it does not itself change commodity supply.
informadora.comRedacción InformadoraNov 6, 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.
