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Bitcoin.com 2023-08-08 20:00:15

Argentine Peso Plunges to Historic Lows as Uncertainty Rules Before Elections

The exchange rate of the Argentine peso reached historic lows Monday in a decline that took its exchange rate to almost 600 pesos per U.S. dollar. Economists state that the uncertainty of the upcoming elections caused key bagholders to hedge their portfolios with foreign currency. However, analysts fear the effect this movement might have on

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