No weekend rest amid Argentina turmoil

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No weekend rest amid Argentina turmoil

Argentina, dollar, FX, peso, devaluation, inflation, LatAm
(190815) -- BUENOS AIRES, Aug. 15, 2019 (Xinhua) -- People pass by a currency exchange center in Buenos Aires, Argentina, Aug. 14, 2019. Argentinean President Mauricio Macri announced on Wednesday a package of economic measures aimed at providing relief to the population after the economic turmoil caused by his government's defeat in the primary elections on Sunday. (Photo by Martin Zabala/Xinhua) | Martin Zabala/Xinhua News Agency/PA Images

Downgrades from two rating agencies crowned a disastrous week for Argentine assets, and there was no relief over the weekend as the finance minister resigned and the country’s likely next president appeared to hint at the possibility of debt restructuring.

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