Argentina’s Black Market Peso Plummets as Milei Victory Sends Local Equities Soaring
“The surprising victory of economist Javier Milei in the Argentine primaries shakes up the black market peso, causing a slide, while local equities experience a significant surge in response to the unexpected political shift.” Argentina’s domestic markets have re-opened following a bank holiday on Monday, with international bonds and US-listed stocks surging in a post-election ...