August 12, 2019 / 1:12 PM / 11 days ago

Argentine peso opens 24.45% weaker at 60 per U.S. dollar - traders

BUENOS AIRES, Aug 12 (Reuters) - The Argentine peso opened 24.45% weaker on Monday at 60 per U.S. dollar after President Maurico Macri’s poor performance in Sunday’s primary election, traders said.

Opposition candidate Alberto Fernandez - whose running mate is former president Cristina Fernandez de Kirchner - won by a wider-than-expected 15.5 percentage points, according to official results. (Reporting by Buenos Aires newsroom; writing by Cassandra Garrison Editing by Chizu Nomiyama)

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