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Markets

Argentine stock market falls nearly 8pc after new economy minister takes office

BUENOS AIRES: Argentina's beleaguered stock market fell nearly eight percent Tuesday after new economy minister Hern
Published August 20, 2019

BUENOS AIRES: Argentina's beleaguered stock market fell nearly eight percent Tuesday after new economy minister Hernan Lacunza pledged to stabilize the peso and meet the country's commitments to the IMF.

The Buenos Aires Merval Index was down 7.8 percent following Lacunza's comments.

Copyright AFP (Agence France-Press), 2019

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