Argentina week: the wholesale peso closed at 1,512 per US dollar, the Merval rose 2.3% and reserves fell to US$49.791 billion after a seven-year high.

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.

Argentina's Merval fell 0.79% to 3,001,209 on Thursday, pulled lower by banks, while the peso firmed slightly to 1,512 per dollar.