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Argentina's peso closed 0.65% stronger at 59.60 per US dollar on Monday after the presidential election won by Peronist candidate Alberto Fernandez. The black market rate briefly hit a record low before recovering, and country risk rose during the day.
A firmer official peso after the election eases near-term pressure on Argentine exporters, but the parallel-market gap and rising country risk signal ongoing instability for trade pricing.
uk.headtopics.comReutersOct 29, 2019Not 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.
