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The U.S. arranged a $20 billion currency swap line with Argentina's central bank and sought an additional $20 billion from private banks to support Argentine debt markets, with President Trump linking the aid to the political fortunes of Argentina's President Javier Milei.
has repaid the roughly $2.5 billion it drew from a that had a $20 billion authorization, a move the framed as fully repaid and profitable for American taxpayers . Officials say Argentina used multilat...
The $20 billion arrangement was a bilateral central‑bank currency swap in which the U.S. Treasury—using the Exchange Stabilization Fund (ESF)—made dollars available to Argentina in exchange for pesos,...
Argentina drew about $2.5 billion from a $20 billion U.S. Exchange Stabilization Fund (ESF) swap line and used those dollars mainly as short-term liquidity to cover imminent external obligations and t...