U.S. Treasury Finalizes $20B Swap With Argentina To Stabilize Peso

U.S. Treasury Finalizes $20B Swap With Argentina To Stabilize Peso

The U.S. finalized a $20B currency swap with Argentina to stabilize its economy, boosting the peso and bonds. Treasury’s Scott Bessent called it a strategic move, not a bailout, tied to Argentina’s pledge to limit Chinese influence.


User: Benzinga

Views: 7

Uploaded: 2025-10-10

Duration: 00:53

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