09.09.2025 17:23
The Argentine peso experienced a notable decline following a significant electoral setback for President Javier Milei in Buenos Aires. His Libertarian Party was unable to achieve a majority in the recent elections, falling short against competing political factions. This electoral result has unfortunately amplified existing anxieties regarding the long-term viability and implementation of Milei’s proposed economic and political reforms across the nation. The impact of this defeat on the currency was immediate and pronounced, with the peso's value diminishing sharply as market participants voiced growing apprehension about the permanence of the libertarian agenda.
