Investors are watching Argentina closely ahead of a pivotal midterm election in the country. The central bank just struck a $20 billion currency swap deal with the US Treasury — a boost for President Javier Milei. The Argentine peso has strengthened and snapped a five-day losing streak. Gustavo Medeiros, Ashmore Investment Management head of research, calls the US intervention "almost unprecedented." He joined Bloomberg Open Interest to talk about what’s at stake for investors.
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