Peronist Alberto Fernandez had 47.79% of the vote, ahead of Macri’s 40.71%, with more than 90% of ballots counted, putting the center-left challenger over the 45% threshold.
Argentina have recorded their second win at the Rugby World Cup in Japan.
Argentina hooker Agustin Creevy expects Saturday’s Rugby World Cup clash with England in Tokyo to be a “lovely battle” of the forwards that the South Americans can win with patience and perseverance.
A new treasury minister, Hernan Lacunza, took charge of Argentina’s troubled economy on Tuesday after the local peso took a dive last week following business-friendly President Mauricio Macri’s harsh beating in the Aug. 11 primary election.
Sales of everything from cars to food and beauty products slowed in Argentina following a collapse in the peso currency, as suppliers held back shipments while trying to calculate how the devaluation will affect consumer prices.