Argentine leader’s return batters peso

Argentina

Argentina’s embattled peso plunged another 20 per cent and stocks dropped 10 per cent as polls suggested ex-president Cristina Fernandez de Kirchner may return to power, this time as running mate of leading candidate Alberto Fernandez. The Left-wing pair won almost half the votes in primary elections ahead of October’s presidential ballot, while incumbent Mauricio Macri’s share slumped to just one-third.