Argentine peso strengthens 1.03pc to 44.76 per US dollar

BUENOS AIRES: Argentina's peso currency strengthened 1.03pc on Tuesday morning to 44.76 per US dollar, traders told Reuters, buoyed as investors perceived lower levels of risk in the South American country.

Argentine markets had wobbled on Monday morning but ended the day on a high as investors digested a twist in the country's presidential election race after the main populist challenger opted instead to launch a vice presidential bid.