The Argentine Peso witnessed a steep decline in value following the victory of an anti-establishment candidate in the primary elections. Javier Milei, a candidate who holds an affinity for former President Donald Trump, emerged as the frontrunner in these crucial elections, significantly affecting the country’s political landscape. The outcome of these primaries will play a crucial role in determining Argentina’s new president. As the peso faced severe depreciation, investors and analysts closely monitored the economic implications of this political shift. The rise of Milei demonstrates the growing influence of unconventional political figures and their potential impact on the country’s future. Amidst the political uncertainty, Argentina’s financial markets reacted negatively, further adding to the challenges faced by the nation’s economy.