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US and Argentina Discuss $20 Billion Swap Line to Support Peso

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Source: Financial Times
US and Argentina Discuss $20 Billion Swap Line to Support Peso
Photo: Financial Times
TL;DR

The US is in negotiations to provide Argentina with a $20 billion swap line and is prepared to buy its dollar debt to support President Javier Milei amid a market crisis, aiming to stabilize the Argentine economy and back Milei's reforms.

Topics:nationworld#argentina#economic-crisis#javier-milei#swap-line#us-treasury#world
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  1. Bessent says US in talks with Argentina over $20bn swap line  Financial Times
  2. Argentina’s finances just got even more surreal  The Economist
  3. Bessent Says US, Argentina Discussing $20 Billion Swap Line  Bloomberg.com
  4. US Treasury's support for Argentina gives peso, Milei friendly leg-up, for now  Reuters
  5. U.S. Treasury Chief Hints at Argentina Financial Rescue  The Wall Street Journal

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