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Argentine peso falls most in eight weeks since midterm sell-off
Original: Peso drops most over eight weeks since midterm sell-off
The Argentine peso has recorded its steepest drop in eight weeks, a decline not seen since the sell-off that followed the country's midterm elections. The fall is drawing attention from investors and analysts watching Argentina's currency stability, with markets assessing what the renewed weakness means for the government's economic programme.
Why now: The currency's sharpest fall in two months revives memories of the midterm sell-off and raises concerns about renewed financial instability in Argentina.
Argentine pesoArgentinaBuenos Aires Times
Evidence
- Peso drops most over eight weeks since midterm sell-off · Buenos Aires Times
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