YPF plunges as Argentina’s ruling party presidential candidate leads vote (NYSE:YPF)


Argentina flag with sun on white stripe in on a blue field

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YPF (NYSE:YPF) closed -6.6% in Monday’s trading after the ruling party’s candidate in Argentina’s presidential election pulled an upset victory in the first round of voting, prompting concerns about the continuation of free-spending policies that have driven triple-digit inflation.

Argentina’s bonds fell

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