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Reuters ahead on Argentina central bank governor resignation

Reuters was more than 4 minutes ahead on September 25 with the surprise resignation of Argentina’s central bank governor. The departure of Luis Caputo after just three months came as the country was negotiating with the International Monetary Fund, spooking investors already on edge about the government’s ability to pay foreign debts.

Market reaction:

The opening trade of the Argentine peso was delayed after the news, and the currency initially fell nearly 7 percent after trading began.