Argentina's markets wait impatiently for Milei's shock therapy

11 months ago
12

LONDON, Dec 11 (Reuters) - Argentina's financial markets made a groggy start to the Javier Milei era on Monday as they waited impatiently for the new president to launch into his promised economic shock therapy with a huge devaluation of the peso.

The radical economist took office on Sunday with a warning in his inaugural speech that he had no alternative to a sharp, painful fiscal shock to fix the country's "titanic" challenges.

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