Argentine stocks and currency plunge
Argentine stock markets and its currency have both plunged after conservative Argentine President Mauricio Macri suffered a shock defeat in primary elections on Sunday.
Argentine stock markets and its currency have both plunged after conservative Argentine President Mauricio Macri suffered a shock defeat in primary elections on Sunday. The peso fell 15% against the dollar on Monday after earlier plunging around 30% to a record low. Some of the country's most traded stocks have also lost around half of their value in one day. We get analysis from the 大象传媒's South America Business correspondent Daniel Gallas and Peter Jankovskis of Oakbrook Investments in Chicago.
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