The gains reflected optimism that President Javier Milei’s win will shore up support from the Trump administration.
Argentina's central bank (BCRA) has signed a $20B currency stabilization agreement with the U.S. Treasury Department, less ...
The US, meanwhile, faces exposure to potential losses on its currency purchases and risks being left on the hook providing a ...
U.S. Treasury Secretary Scott Bessent said on Sunday that the United States will not lose a single cent of taxpayer money ...
While Argentine companies are starting to tap international lending markets again, after being frozen out ahead of the ...
The basic idea is Argentina gets dollars that it can then use to buy pesos, propping up the value. The U.S. gets to hang on ...
The rallies unleashed by Argentina President Javier Milei’s surprising electoral win were stunning, with bond prices posting ...
Argentina's right-wing President Javier Milei declares himself "king of a lost world" after midterms victory aided by massive ...
Democratic Sen. Elizabeth Warren and Treasury Secretary Scott Bessent are clashing over financial aid for Argentina during the ongoing U.S. government shutdown.
The country is facing a drastic shortage in the US dollar, a major currency used in global trade. The Argentine peso has fallen nearly 80% against the greenback since the start of 2020. Argentina is ...
BUENOS AIRES, Argentina — Javier Milei is still just a candidate to be president of Argentina. But he is already single-handedly delivering one of Latin America’s biggest economies a financial shock.