Argentina Financial Markets Dip as President Milei Shakes Up Cabinet

Reported 6 months ago

Argentina's financial markets experienced a dip as President Javier Milei, known for his libertarian views, made significant changes to his Cabinet while on a tech tour in the U.S. This overhaul included firing his chief of staff and appointing a new Cabinet chief and economist to handle key economic reforms facing challenges in Congress. The markets reacted with bonds dropping around 1% and the S&P Merval stock index losing about 1.5%, as investors awaited outcomes on Milei's reform agenda.

Source: YAHOO

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