Argentina has repaid $2.5 billion to the U.S. Treasury, returning funds it received in October under a $20 billion currency swap agreement.

If it doesn’t work, the U.S. could be stuck with a bunch of pesos that aren’t worth very much. Treasury Secretary Scott Bessent confirmed the U.S. signed a $20 billion currency swap to prop up the ...

Argentina's economy is spiraling. NPR's Scott Simon speaks with economist Monica de Bolle about the Trump administration's plan to rescue it. The Trump administration is throwing an economic lifeline ...

The United States must do more than prop up Argentina’s flagging peso. It must encourage foreign direct investment. Argentina is facing yet another financial crisis. Washington has announced major ...

Trump indicated the swap line was conditional on Milei’s party performing well in this month’s elections because he would doubt “making an investment” in a “socialist.” “If you take a look at ...

Argentina's central bank (BCRA) has signed a $20B currency stabilization agreement with the U.S. Treasury Department, less than a week before the country's key midterm legislative elections. The ...

On September 22nd, 15 minutes before Argentina’s foreign-exchange markets opened, America’s government made an intervention. “Argentina is a systemically important US ally,” Scott Bessent, America’s ...

Sometimes even the Trump administration acts like a normal American government. The bailout of Argentina is one of those times. The Trump administration is proposing to lend Argentina up to $20 ...

Argentine exchange Ripio is leaning into local currency stablecoins and tokenized bonds as CEO Sebastián Serrano braces for ...

Argentina’s economy, recently hailed by some as a poster child for radical free market reform, now finds itself seeking American goodwill to navigate its latest crisis. Since December 2023, the ...