'Election fear' stalks Argentina's markets as volatile vote nears
Tuesday, 3 October 2023
Argentina's upcoming presidential election has caused uncertainty in the market, leading to a slide in bonds and a slump in the peso. Investors are unsure of how to react to the potential election of a radical libertarian candidate, Javier Milei, who has proposed market-friendly plans but also wants to shut down the central bank.
Argentina's upcoming presidential election has caused uncertainty in the market, leading to a slide in bonds and a slump in the peso. Investors are unsure of how to react to the potential election of a radical libertarian candidate, Javier Milei, who has proposed market-friendly plans but also wants to shut down the central bank.
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