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Argentine stocks and currency plunge

Argentine stock markets and its currency have both plunged after conservative Argentine President Mauricio Macri suffered a shock defeat in primary elections on Sunday.

Argentine stock markets and its currency have both plunged after conservative Argentine President Mauricio Macri suffered a shock defeat in primary elections on Sunday. The peso fell 15% against the dollar on Monday after earlier plunging around 30% to a record low. Some of the country's most traded stocks have also lost around half of their value in one day. We get analysis from the ÃÛÑ¿´«Ã½'s South America Business correspondent Daniel Gallas and Peter Jankovskis of Oakbrook Investments in Chicago.

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4 minutes

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