Argentina’s Peso Holds Firm As Markets Test Milei’s New Monetary Rules

Key Points Argentina’s new FX regime ties the peso’s band to inflation, easing panic in cash markets but highlighting lingering capital-account stress. Equities rally modestly as policy credibility improves, with financial and high-beta names leading while select laggards struggle. External markets remain cautious, and sober global conditions temper any euphoric risk appetite. Peso Adjusts as […]