The basic idea is Argentina gets dollars that it can then use to buy pesos, propping up the value. The U.S. gets to hang on ...
The peso keeps tanking. On Monday, it sank by almost 1% in early trading to 1,476 per dollar, hitting a fresh record intraday ...
The Trump administration authorized a $20 billion financial lifeline for Argentina as it faces an economic crisis. The deal ...
Argentina's central bank said on Monday it signed a $20 billion exchange-rate stabilization agreement with the U.S. Treasury ...
Argentina’s central bank has struck a $20 billion currency swap deal with the U.S. Treasury to stabilize the peso and manage ...
After promising to end foreign entanglements, the President has proposed a financial-rescue plan for the right-wing ...
The U.S. Treasury finalized a $20 billion currency swap framework with Argentina and bought pesos in the open market on ...
US Treasury’s efforts to shore up Argentina’s currency are part of a broader effort to stabilise the economy before President ...
"The U.S. Treasury is prepared, immediately, to take whatever exceptional measures are warranted to provide stability to ...
The U.S. again purchased Argentine pesos in the open market on Wednesday, Treasury Secretary Scott Bessent told reporters, ...
THE PESO slumped further against the dollar on Thursday to hit a fresh near nine-month low following the sharp increase in ...