U.S. Pledges $20 Billion Swap Line to Support Argentina Amid Economic Strain
The United States is negotiating a $20 billion swap line with Argentina’s central bank, aiming to bolster the South American nation’s financial stability ahead of its October midterm elections. Treasury Secretary Scott Bessent confirmed the talks on Wednesday, adding that Washington stands ready to extend further support through the Treasury’s Exchange Stabilization Fund (ESF). The […]
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