Posted 11/21/2023, 8:44:38 PM
Argentine Markets Rally on Milei's Privatization Pledge After Presidential Win
- Argentine stocks and bonds surge after libertarian Javier Milei wins presidential election
- YPF shares soar 36% in best day since 1993 on plans to privatize state-owned firms
- Argentina's peso weakens nearly 10% in parallel market on dollarization hopes
- Regional currencies retreat from 11-year highs as US dollar strengthens
- Zambia suffers setback in $3 billion Eurobond restructuring due to creditor objections