MERVAL Argentina measured against USDARS exchange rate

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

הערה:

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)