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Argentinian stock index surging after presidential election

The official rate of Argentine peso is at the level of about 350 peso per dollar

BUENOS AIRES, November 21. /TASS/. The Argentinian stock exchange index Merval gained 18% to 748,258.26 points as the trading session kicked off.

The official rate of Argentine peso is at the level of about 350 peso per dollar. The black market rate of the peso gained edged up by 10% to 1,000 peso per dollar.

Javier Milei won the presidential election in Argentine on November 19. The inauguration of the president-elect will be held on December 10.