U.S. Treasury Intervenes to Stabilize Argentine Peso Amid Political Tensions ...Middle East

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U.S. Treasury Intervenes to Stabilize Argentine Peso Amid Political Tensions
source : Devdiscourse ( Middle East ) () 72
The U.S. Treasury has implemented a $20 billion currency swap framework with Argentina, purchasing pesos to stabilize the nation’s wavering economy, fulfilling President Donald Trump’s promise. This strategic move, led by U.S. Treasury Secretary Scott Bessent, resulted in a sharp rise in Argentine peso and dollar bonds.

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