Replying to Avatar Leo Wandersleb

Milei won in Argentina.

When Milei won the primaries in August, the national currency took a 20% hit.

The news were ...

https://www.nbcnews.com/news/latino/argentina-rightist-candidate-win-javier-milei-primary-peso-plunge-rcna99978

How does the pesos react now? 20% again?

So far it's down 1% on the weekly.

Now why is it down? Is it because people think Milei is bad for the economy or because he's bad for their central bank's tokens?

πŸ€™πŸΌπŸ’œ

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