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After the Victory of All in the Legislative Ones, the Dollar Drops
Summary by La Brújula 24
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The Argentine financial market started the day with euphoria after the decisive victory of the official government, which obtained more than 40% of the votes nationwide. The immediate reaction was a strong rise in shares and sovereign bonds, accompanied by a sharp drop in the price of the dollar. In the first operations, the official dollar reached a floor of $1,370, although with the course of the hours it stabilized at $1,450 in the National B…
Argentina's foreign shares and bonds also rise by more than 50%.
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