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Argentines moved quickly into dollars and other safe assets as uncertainty grew ahead of the election. Sovereign bonds in the local over-the-counter market fell, though the decline slowed.
Capital flight and dollar hoarding deepen peso weakness and pressure on Argentina's official exchange rate, which can affect the pace of Argentine crop and meal export sales.
reuters.comWalter BianchiAug 16, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
