EMERGING MARKETS-Argentine peso drops after c.bank chief resigns

The Argentine peso tumbled more than 4 percent on Tuesday in light trading, after the nation's central bank chief quit amid reports of disagreements with Economy Minister Nicolas Dujovne. The move by Luis Caputo to leave his post took the market by surprise, causing jitters as the central bank is trying to stem a rapid devaluation of the peso currency. While the government said his resignation was due to personal reasons, local media reported that it came a
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.