US EditionArgentina’s Bonds and Peso Strengthen Ahead of Key Midterm Elections
4 Articles
4 Articles
Argentina’s Bonds and Peso Strengthen Ahead of Key Midterm Elections
Argentina’s financial markets saw a modest rebound on Oct. 23, as both government bonds and the peso strengthened ahead of crucial midterm elections this weekend. Argentina heads to the polls for its first midterm elections on Sunday under President Javier Milei, two years into his presidency and following a number of economic reforms last year. On Thursday, sovereign bonds maturing in 2035 climbed about $0.08, to trade near $0.561 on the dollar…
In the midterm elections on Sunday in Argentina, a head-to-head race between the Milei government and peronists is expected. US aid does not calm the financial markets.
US agreed Wednesday to increase its share of beef imports from Argentina to increase the South American country's export earnings
The U.S. Treasury buys US$500 million in pesos and the market law a clear message: I quote support. What can happen if Milei wins?
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