Argentina Peso Collapses 30% To Record Low After Election Shock

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[color=red][size=5][b]Argentina’s S&P Merval Index plunged 48% in dollar terms.
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That marked the second-biggest one-day rout on any of the 94 stock exchanges tracked by Bloomberg going back to 1950. Sri Lanka’s bourse tumbled more than 60% in June 1989 as the nation was engulfed in a civil war.