**Argentine financial markets react with volatility and optimism after the La Libertad Avanza party victory**
In October 2025, Argentine markets are expected to see a strong reaction to the results of the non-binding primaries. The victory of the La Libertad Avanza party, which took a leading position in the Congress and created conditions for more decisive economic policies, raises hopes for investor stability. The stability of the dollar and the activities of the central bank act as a brake on the overheating of the economy, and the three main indices are rising along with the structural problems of the economy.
**Dollar course and speculation on the stock market** After the elections, the dollar initially fell, reaching $1.420 (measured), then by the middle of the day rose to $1.450, confirming that the current rises do not resolve the underlying problems. The Central Bank is expected to support the current exchange rate to avoid a sharp devaluation of the currency. Economy Minister Luis Caputo stated that he considers the target of $1.500 to be significant. MarketWatch analysis points to three key factors: the stability of the dollar's exchange rate allows the Central Bank of Argentina (BCRA) to accumulate more reserves in foreign currency, and the volume of transactions after the elections increases.
**Performance of stock indices and expert forecasts** The index and bonds showed a positive trend: the main Merval index rose by 3.25% in the morning, and the S&P Merval index gained more than 31%. Shares of large companies, including Central Puerto, rose by 5.5% on the New York Stock Exchange. Meanwhile, experts predict that the stability of the stock market will depend on the actions of the central bank authorities in the coming days. Bloomberg and other analysts note the need for a sharp increase in the value of the currency for a fair valuation, the risk of a sudden collapse of the currency, which would undermine the solvency of the nation.
**Political dialogue and expert recommendations** There is a conflict with the instructions: with one side, the president calls for the strengthening of the consensus, with the other — non-political forces demand the resignation and maximum punishment of the guilty. One of the cited, a former agent TNA: "Let society go to hell and explode everything; we young people have the opportunity to go abroad and live our lives, but not with those who brought us to this state, as the president did." Experts recommend to avoid escalation and to conduct a dialogue with the opposition, as the president did after the elections. It is expected to rely on "pragmatism" and a desire for compromise.
**Perspectives and forecasts** Official data on the risk of a country's default should be published in the coming days, although analysts point to the need for a balanced assessment of the situation. The internal stability requires effective management of macroeconomic policies. "Success does not justify arrogance or the closure of dialogue," — the observer notes. If the authorities can combine economic reform with political consensus, the chances of a stable and prosperous future will be high. In the best-case scenario, the economic reforms could lead to a significant increase in investment.
