argentine stock market drops 8
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Argentine stock market drops 8%

Egypt Today, egypt today

Egypt Today, egypt today 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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