Argentine peso weakens to record 600 per dollar ahead of primary vote

On the evening of August 9, 2023, at 8:44 PM,

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Argentina's currency, the peso, has dropped to a new record low of 600 pesos per U.S. dollar in the informal market, according to traders. This decline comes just before the upcoming primary vote on Sunday, where presidential nominees for the general election in October will be selected. (Reported by Walter Bianchi and Jorge Otaola; Written by Kylie Madry; Edited by David Alire Garcia)