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Argentina Economy

All articles tagged with #argentina economy

world3 months ago

US finalizes $20 billion currency swap to support Argentina

The US has purchased Argentine pesos and finalized a $20 billion currency swap with Argentina's central bank to help stabilize the country's economy amid ongoing turmoil, though officials emphasize it is not a bailout. The move follows meetings in Washington and is part of broader efforts to support Argentina's financial stability, amid political and economic tensions.

world3 months ago

Argentina's Financial Crisis: US Support and Political Challenges

Argentina's President Javier Milei is set to meet with Donald Trump and US officials to discuss potential financial aid from the US to help stabilize Argentina's economy amid currency turmoil and market instability, with support possibly including currency or debt interventions. The meeting aims to prevent a financial crisis before upcoming elections, strengthening Milei's position and his pro-market reforms.