United States President Donald Trump’s administration has offered to step in to support Argentina’s economy amid severe volatility in the country’s financial markets.
Washington stands ready to do “what is needed” to help stabilise the Latin American country’s economy following a large-scale selloff of its assets, US Treasury Secretary Scott Bessent said on Monday.
Options for assisting Buenos Aires under consideration include central bank currency swaps, direct currency purchases, and purchases of US dollar-denominated government debt, Bessent said.
Further details would be announced after talks involving Trump, Bessent and Argentinian President Javier Milei in New York on Tuesday, the treasury secretary said.
“Opportunities for private investment remain expansive, and Argentina will