The peso, bonds and stocks strengthened, and more international investments could come, although some warn that the government should implement reforms
Economics
Debt, aid, a bailout? What you need to know about the US$20 billion deal between Buenos Aires and Washington, DC
The Argentine and U.S. governments have been selling dollars to stop a run on the peso
The US treasury secretary said that a strong Argentina ‘is explicitly in the strategic interest of the United States’
Trump’s Argentina bailout turns domestic issue as opposition grows in the US
Democrats have already filed a bill looking to halt the support package and are now pressing for more information
It will be used to intervene in the foreign exchange market to reduce ‘volatility,’ the government said
According to the national audit office, the entity has ‘obstructed’ requests to know the whereabouts of the gold that was reportedly shipped to London last year
The same day, the IMF reiterated calls for Argentina to boost reserve accumulation
The economy minister did not provide details but said the measures will be part of the ‘second stage’ of Milei’s government plan