Argentine Peso Gains as Exporters Bring Dollars After Free Float

  • Currency rebounds after plunging as much as 30% on Thursday
  • Importers holding off on purchases as they await new rules

Argentina’s peso climbed for a second day after Thursday’s devaluation as grain exporters bring dollars to the country while importers held off on purchases of greenbacks as they awaited the implementation of new rules for accessing the market.

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