US and Argentina Discuss $20 Billion Swap Line to Support Peso

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Source: Financial Times
US and Argentina Discuss $20 Billion Swap Line to Support Peso
Photo: Financial Times
TL;DR Summary

The US is in negotiations to provide Argentina with a $20 billion swap line and is prepared to buy its dollar debt to support President Javier Milei amid a market crisis, aiming to stabilize the Argentine economy and back Milei's reforms.

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