All peso-dollar exchange rates bounced back up on Tuesday after plummeting on Monday, when markets reacted positively to Javier Milei’s party’s landslide win in the midterms.

The wholesale exchange rate ended at AR$1,470, a 2.4% increase from the previous day. That places it 25 pesos below the upper end of the currency band, AR$1,494.53, the threshold for Central Bank intervention. During the day, it peaked at over AR$1,480.

The MEP and blue-chip swap financial........

© Buenos Aires Herald