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Argentine central bank sells $176 mln in pre-election interventions to calm peso

Credit: REUTERS/AGUSTIN MARCARIAN

Argentina's central bank auctioned $176 million in two foreign exchange market interventions on Thursday, traders said, as policymakers tried to stabilize the wobbly peso currency ahead of the Oct. 27 presidential election.

BUENOS AIRES, Oct 24 (Reuters) - Argentina's central bank auctioned $176 million in two foreign exchange market interventions on Thursday, traders said, as policymakers tried to stabilize the wobbly peso currency ahead of the Oct. 27 presidential election.

A third intervention was expected later in the day, traders said.

(Reporting by Jorge Otaola and Walter Bianchi, writing by Hugh Bronstein)

((hugh.bronstein@thomsonreuters.com; 5411 4318 0655; Reuters Messaging: hugh.bronstein.thomsonreuters.com@reuters.net))

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