US Assures No Loss on Argentina Bailout Despite Investor Skepticism

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Source: Axios
US Assures No Loss on Argentina Bailout Despite Investor Skepticism
Photo: Axios
TL;DR Summary

The U.S. has pledged significant financial support to Argentina, including a $20 billion currency swap and private sector aid, asserting it will not lose money despite the peso's decline and political uncertainties, with the intervention aimed at supporting an ally and influencing regional stability.

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