MERVAL Argentina measured against USDARS exchange rate

8 May 2018

MERVAL Argentina measured against US Dollar - ARS exchange rate.
USDARS exchange rate is calculated as the ratio of the PBR ADR vs the APBR Equity traded on Buenos Aires exchange

14 Haz 2018

Not

14 de Junio -- El Dolar se dispara, el Merval medido en Dolares (Merval USD) se hunde.
El tipo de cambio implicito en PBR / Petrobras, sube (pero no tanto como el dolar spot)