Source: United States & Canada – South China Morning PostArgentina on Monday formalised a currency swap agreement with the United States for up to US$20 billion aimed “at contributing to Argentina’s economic stability,” the South American country’s central bank said.
The deal is part of huge financial support from the administration of Donald Trump, a strong backer of Argentine President Javier Milei, who is under pressure ahead of midterm elections on October 26.
The peso has been fluctuating wildly ahead of the vote, disrupting the savings and…Read More