Recriminations fly in Argentina as peso flounders ahead of vote

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Recriminations fly in Argentina as peso flounders ahead of vote
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BUENOS AIRES: Argentina's election campaign was marked by heated exchanges Wednesday as the incumbent president pressed charges against frontrunner ca...

Lawmaker and presidential candidate for La Libertad Avanza party, Javier Milei, gestures during a press conference in Buenos Aires on October 11, 2023, ahead of Argentina’s presidential elections. AFPPIX: Argentina's election campaign was marked by heated exchanges Wednesday as the incumbent president pressed charges against frontrunner candidate Javier Milei for dissing the national currency, which subsequently crashed.

The currency crashed to over 1,000 to the dollar on the informal market, a record low, from 880 before the weekend. Fernandez also cited two other leaders of Milei's La Libertad Avanza party, saying the trio's actions were directly responsible for the peso's collapse. Milei, an economist who is positioning himself as an outsider, has vowed to dollarize Argentina's economy.

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