Tag Archives: Javier Milei

Argentina-US deal: Buenos Aires formalises $20 billion currency swap pact with Washington; Javier Milei gets pre-poll boost – The Times of India

Argentina-US deal: Buenos Aires formalises  billion currency swap pact with Washington; Javier Milei gets pre-poll boost – The Times of India

File photo: US President Donald Trump with Argentina’s President Javier Milei (Picture credit: AP) Argentina’s central bank on Monday formalised a $20 billion currency swap agreement with the United States in a move aimed at “contributing to Argentina’s economic stability,” the bank said in a statement. The accord, backed by the administration of US President Donald Trump, comes just days …

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Argentina-US swap line talks: Washington proposes $20 billion support; peso rises 2.4% ahead of elections – The Times of India

Argentina-US swap line talks: Washington proposes  billion support; peso rises 2.4% ahead of elections – The Times of India

The US Treasury is in discussions with Argentina to provide a $20 billion swap line to the South American country’s central bank, Treasury Secretary Scott Bessent said Wednesday, as right-wing President Javier Milei seeks to stabilise markets ahead of upcoming midterm elections. Following the announcement, the Argentine peso gained 2.4 percent to 1,333.90 per dollar.“The Treasury is currently in negotiations …

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