US buys Argentine pesos, agrees to $20 billion swap line, Bessent says

Business

Us Buys Argentine Pesos, Agrees To $20 Billion Swap Line, Bessent Says

By CNBC

The U.S. government purchased Argentine pesos and finalized a $20 billion currency swap framework with Argentina's central bank, U.S. Treasury Secretary Scott Bessent said on Thursday, sending the peso and Argentine dollar bonds sharply higher. "The ...Read more