Argentina watches exchange rate after Milei victory

(21 Nov 2023) As soon as Leandro Diana woke up on Tuesday, he reached for his phone like many Argentines on the first business day after the election victory of President-elect Javier Milei.

The 26-year-old Diana, who owns a hardware store with his father in Villa Crespo, is among many Argentines who watch the exchange rate of the peso with the U.S. dollar.

It has become a widely watched barometer of the nation’s economic health, and is top of mind for millions of Argentines coping with triple-digit inflation. (AP Video/Mauricio Cuevas) (Nov. 21).

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