By Sarah Marsh and Hugh Bronstein
BUENOS AIRES (Reuters) - Two exit polls showed opposition challenger Mauricio Macri appeared to have won Argentina's presidential election on Sunday against leftist ruling party candidate Daniel Scioli.
Loud cheers erupted in Macri's campaign headquarters where party insiders estimated the center-right mayor of Buenos Aires had won by a margin of 5 to 8 percentage points.
If the result is confirmed, it will be the first time in more than a decade that the opposition has wrested the presidency from the populist Peronists.
Macri, 56, had gone into the run-off election with a comfortable lead in opinion polls, promising to bring new investment into the ailing economy, tackle crime and fight corruption.
A source inside Scioli's campaign bunker told Reuters their own estimates did not look good for their candidate.
(Additional reporting by Miguel Lobianco and Jorge Otaola; Editing by Richard Lough and Kieran Murray)
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