Argentine Assets Rise After Milei Party Wins Election

Argentina’s bonds, stocks, and currency surged after President Javier Milei’s party won a decisive victory in midterm elections, bolstering his economic reforms and securing $40 billion in US financial support. The results, which saw Milei’s party gain over 40% of the vote and signal a shift in political dynamics, are expected to enhance investment prospects and investor confidence in the country’s economic outlook.