The rise over the AR$1,500-per-US dollar rate could signal that the government has decided to loosen its grip on the rate

Argentina's Merval rose 0.8% to 3,009,029 on August 25, a third straight gain, while the wholesale peso edged to 1,512 per dollar. Banks led gains.

The rise over the AR$1,500-per-US dollar rate could signal that the government has decided to loosen its grip on the rate