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Javier Milei: The Argentine presidential candidate wants to abolish the country's central bank and move to the U.S. dollar - TL;DR CNBC

Javier Milei: The Argentine presidential candidate wants to abolish the country's central bank and move to the U.S. dollar

Publishing timestamp: 2023-10-14 08:00:01


Summary

Javier Milei's strong performance in Argentina's primary election has shocked the country and the world. He advocates for switching the country's currency to the U.S. dollar and removing the central bank. His popularity has already affected the market and currency. However, there are concerns about the feasibility and potential consequences of his proposed policies. The upcoming general election will determine if Milei's ideas gain further traction.


Sentiment: MIXED

Tickers: ARGT.MERV

Keywords: sp mervalglobal x msci argentina etfbusiness newselectionsgovernment and politicsargentinaforex marketsworld marketspriceseconomic eventsvotingdonald trumpunited statesnuevo en espanoleconomy

Source: https://www.cnbc.com/2023/10/14/javier-milei-argentine-presidential-candidate-wants-to-abolish-central-bank.html


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