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Late at night, the Argentine stock market surged by 20%, but the exchange rate collapsed! The new president once said he wanted to "blow up" the central bank and fully dollarize. After Javier Milei was elected as the new president of Argentina, there was a change in the capital market. Although the domestic stock market in Argentina was closed on Monday due to a holiday, the MERVAL index in Argentina surged 20% after opening on Tuesday local time. But there is still great doubt whether the radical economic proposals of the new president can be implemented.
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