Milei’s crypto scandal weighed on Argentine stocks on Tuesday. Here’s why they could bounce back.
Argentine President Javier Milei is facing impeachment calls after he promoted a little known cryptocurrency libra, which soared and soon plunged. However, it is unlikely to upend Milei’s presidency, while the negative impact on Argentina assets are likely to be limited to the short term, according to BCA Research.
Argentine President Javier Milei is facing impeachment calls after he promoted a little known cryptocurrency libra, which soared and soon plunged. However, it is unlikely to upend Milei’s presidency, while the negative impact on Argentina assets are likely to be limited to the short term, according to BCA Research.
