Argentina devalues peso, raises rates after shock primary vote

Argentina devalues peso, raises rates after shock primary vote

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By Eliana Raszewski and Jorgelina do Rosario BUENOS AIRES/LONDON (Reuters) -Argentina's government devalued its currency by nearly 18% on Monday while the benchmark interest rate was raised by 21 percentage points to 118%, the central bank said, as financial markets reeled the day after a shock…

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