The Global X MSCI Argentina ETF $(ARGT)$ soared 13% in early trade in New York, after Javier Milei scored a decisive victory in Argentina's presidential election. Milei has proposed dollarizing the economy and closing the central bank to fight surging inflation and its bloated bureaucracy. "It is indisputable that a swift change from the failed economic policies of the past is imperative," said economists at Goldman Sachs.
-Steve Goldstein
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November 20, 2023 09:50 ET (14:50 GMT)
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