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Argentina stock market falls 48% in one day, currency loses 15%
short by Krishna Veera Vanamali / on 13 Aug 2019,Tuesday
Argentina's main stock market index Merval on Monday plunged 48% in dollar terms and its currency peso fell 15% after President Mauricio Macri lost to populists in primary elections. This is the second-biggest decline of any of the 94 stock exchanges tracked by Bloomberg since 1950. The Sri Lankan stock market tumbled 62% in June 1989 during the civil war.
short by Krishna Veera Vanamali / 09:21 pm on 13 Aug
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