Source: United States & Canada – South China Morning PostUS Treasury Secretary Scott Bessent announced on Thursday that the United States has agreed to extend major assistance to Argentina, after the embattled South American nation failed on its own to stabilise its exchange rate.
Washington has finalised a US$20 billion currency swap framework with Argentina’s central bank, Bessent said in a social media post.
He also said that the US on Thursday directly bought Argentine pesos as part of its support for the country – a step that American authorities…Read More