Washington: The United States has signaled robust support for Argentina’s embattled economy, announcing plans for a $20 billion currency swap line and readiness to purchase U.S. dollar-denominated Argentine bonds, Treasury Secretary Scott Bessent confirmed on Wednesday. The measures aim to stabilize Argentina’s markets and bolster investor confidence amid political and economic uncertainties.

Bessent emphasized that Argentina possesses the tools to counter speculative attacks and market destabilization, particularly those motivated by political objectives. Beyond the swap line, the U.S. is prepared to extend significant standby credit via the Exchange Stabilization Fund and purchase secondary or primary government debt as needed. Additionally, Washington is coordinating with Buenos Aire

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