Argentine stock market drops 8%
The Argentine stock market
Buenos Aires - AFP
The Argentine stock market plunged eight percent Thursday as investors fretted over a new currency rule and the sagging economy of Brazil.
The new regulation forces mutual funds to change the way they tally assets held in foreign currencies. The goal of the measure is to halt a slide in the local currency, the peso.
It was imposed Tuesday by the National Stock Market Commission.
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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Paris - Emiratesvoice
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