US buys Argentine pesos, finalizes $20 billion currency swap framework

https://ift.tt/f0TGNwZ Treasury Secretary Scott Bessent said Thursday that the United States has bought Argentine pesos and finalized a $20 billion economic support program with the South American nation's central bank, after concluding talks with his counterpart.The support comes as Argentina's right-wing President Javier Milei, a close ally of US President Donald Trump, had been struggling with market turbulence after a defeat in Buenos Aires provincial elections seen as a bellwether for upcoming mid-terms. 

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