EconomicUnited States·27 Oct 2026
Argentine Stocks Fall 3.0% and Peso Drops to Record Low
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Argentina’s Merval stock index declined 3.0% to 99,227 points on Monday, while the wholesale peso weakened to a record low of ARS1,541 per US dollar. The sell-off, which impacted US-listed Argentine ADRs such as Mercado Libre and Banco Macro, was triggered by a regional market reaction to the election results in Brazil. Argentina’s country-risk gauge…
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Rio Times
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