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2 days agoArgentina assets surge after Milei’s election victory
Argentina’s financial markets surged Monday after Javier Milei’s party secured a strong win in Sunday’s mid-term elections, clearing the way for deeper economic reforms and unlocking fresh U.S.-backed support. The peso strengthened over 10% versus the dollar, local stocks jumped more than 20% and international bonds rallied between 10–15 points. Investors welcomed the reduced risk of gridlock and the likelihood of structural policy changes, though inflation and sovereign-debt challenges remain serious headwinds for the economy.
positive
2 days agoArgentina assets surge after Milei’s election victory
Argentina’s financial markets surged Monday after Javier Milei’s party secured a strong win in Sunday’s mid-term elections, clearing the way for deeper economic reforms and unlocking fresh U.S.-backed support. The peso strengthened over 10% versus the dollar, local stocks jumped more than 20% and international bonds rallied between 10–15 points. Investors welcomed the reduced risk of gridlock and the likelihood of structural policy changes, though inflation and sovereign-debt challenges remain serious headwinds for the economy.
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Argentina assets surge after Milei’s election victory
3 days ago
1 min read
75 words
Argentina’s assets rally strongly after Milei’s party victory, with peso up 10% and stocks/bonds surging on reform hopes.
Argentina’s financial markets surged Monday after Javier Milei’s party secured a strong win in Sunday’s mid-term elections, clearing the way for deeper economic reforms and unlocking fresh U.S.-backed support. The peso strengthened over 10% versus the dollar, local stocks jumped more than 20% and international bonds rallied between 10–15 points. Investors welcomed the reduced risk of gridlock and the likelihood of structural policy changes, though inflation and sovereign-debt challenges remain serious headwinds for the economy.
Argentina’s financial markets surged Monday after Javier Milei’s party secured a strong win in Sunday’s mid-term elections, clearing the way for deeper economic reforms and unlocking fresh U.S.-backed support. The peso strengthened over 10% versus the dollar, local stocks jumped more than 20% and international bonds rallied between 10–15 points. Investors welcomed the reduced risk of gridlock and the likelihood of structural policy changes, though inflation and sovereign-debt challenges remain serious headwinds for the economy.
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Argentina
emerging markets
Argentina
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Oct 27, 2025 • 21:26 IST