Javier Milei
Presidential candidate of the Liberty Advances coalition Javier Milei arrives to vote in the presidential runoff election in Buenos Aires, Argentina, Sunday, Nov. 19, 2023.
  • Argentina's markets celebrated the election victory of Javier Milei, who ran on a dollarization platform.
  • Bonds saw their highest intraday trade since January, while US-listed stocks surged.
  • But the candidate will still have to face challenges in implementing his reforms.

Argentina's dollar-based markets are swinging up, after libertarian candidate Javier Milei won the presidential runoff election on Sunday.