Argentina investors on edge as Milei decides who to put in economic hot seat

BUENOS AIRES, Nov 20 (Reuters) – Argentina’s libertarian President-elect Javier Milei must appoint a head of a central bank he previously pledged to burn down and task a minister with overseeing one of the world’s most pressured economies. Investors are watching closely. Milei’s chosen team will shape policy in South America’s No. 2 economy in the years to come as the outsider contends with inflation above 140%, net reserves in the red and myriad capital controls. The country, in which four-in-10 people live in poverty, is also the International Monetary Fund’s largest debtor. Although Milei is surrounded by a small group of economic advisers, the recent tie-up with the mainstream conservative bloc that helped him win a second round of…

Source: Kitco.com
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