Argentinian peso falls after market-friendly Mauricio Macri gets hiding in primary
Bonds and shares are also expected to fall after opposition candidate Alberto Fernandez — whose running mate is former president Cristina Fernandez de Kirchner, dominated
12 August 2019 - 17:29
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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