America Steps In: $20B Swap Deal Ties U.S. Treasury to Argentina’s Peso Push

TLDR: U.S. Treasury Secretary Scott Bessent confirmed a $20B swap deal with Argentina’s central bank to stabilize liquidity. The U.S. directly purchased Argentine pesos after meetings with Economy Minister Luis Caputo in Washington, D.C. President Trump and Argentina’s Javier Milei will meet October 14 to deepen economic and trade coordination. The Treasury move aims to [...]

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