Argentina devalues peso after shock primary election result
Published
Buenos Aires (AFP) Aug 14, 2023
Argentine monetary authorities on Monday devalued the peso by around 20 percent as the country reeled from the strong showing of far-right politician Javier Milei in a presidential primary election. In a unique election format, all Argentines on Sunday voted for their favorite among 22 potential tickets, allowing parties to pick their main candidate while providing a key popularity test ahea