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Local Argentine bonds fell on Monday in their biggest drop in about eight weeks as investors sought clarity on economic policy under Alberto Fernandez. The unofficial peso slipped to about 82 per dollar while the official rate held steady, and the central bank said its new currency controls aim to preserve reserves.
Weaker bonds and policy uncertainty raise financing risk for Argentina, which can keep currency controls in place and weigh on the country's grain and oilseed export financing.
batimes.com.arJames GraingerOct 28, 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.
