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Argentine peso crashes after Macri gets thumped in primary election

Reuters Monday, 12 August 2019 ()
Argentina's beleaguered peso currency collapsed 30.3% to record 65 per U.S. dollar on Monday, traders said, after market-friendly President Mauricio Macri's worse-than-expected performance in the country's Sunday primary election.
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News video: Argentine opposition upsets Macri in primary

Argentine opposition upsets Macri in primary 01:38

Voters rejected President Mauricio Macri's austere economic policies in primary elections, casting serious doubt on his chances of re-election in October. Jillian Kitchener has more.

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