Argentina: CCL dollar hits $1,682, Merval drops 2.9% on Brazil election fallout

Argentine markets sold off after Brazil's elections, with the Merval index falling 2.9% in pesos and the Contado con Liquidación (CCL) dollar reaching $1,682, widening the exchange gap. Analysts at RDEco note restrictions on operating between exchange rates and assess sovereign bond alternatives. The move reflects regional risk-off sentiment and domestic currency pressures.

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