Buenos Aires — Argentina's beleaguered peso currency collapsed 30.3% to record 65/$ on Monday, traders said, after market-friendly President Mauricio Macri's worse-than-expected performance in the country's Sunday primary election.

Bonds and shares were also expected to fall after opposition candidate Alberto Fernandez — whose running mate is former president Cristina Fernandez de Kirchner — dominated the primary by a wider-than-expected 15.5 percentage points margin.

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