Argentine economy minister steps down amid tumult.
The country's peso ended the week having shed 20 percent of its value against the US dollar
Argentina's Economy Minister Nicolas Dujovne stepped Saturday after President Mauricio Macri's defeat in a primary poll ahead of a general election sparked an economic crisis.
He stated he was "convinced that, under the circumstances, the (government's) management needs significant renewal in the economic arena."
It is understood Dujovne is likely to be replaced by Hernan Lacunza, economy minister for Buenos Aires province.
The country's peso ended the week having shed 20 percent of its value against the US dollar as Fitch cut Argentina's long-term credit rating, citing increased uncertainty.
The South-American country is currently in a recession and posted 22 percent inflation for the first half of the year, one of the highest rates in the world.
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