Argentine peso collapses as primary suggests return to interventionist economics

The peso weakened 30.3% to a record low of 65 per US dollar on Monday, traders said, after opposition candidate Alberto Fernandez - whose running mate is former president Cristina Fernandez de Kirchner - dominated the primary by a much wider-than-expected 15.5 percentage point margin.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2KuoLTp
via IFTTT