Historic: US Treasury Intervenes in Argentine Currency Markets: Peso Is ‘Undervalued’

U.S. Treasury Secretary Scott Bessent revealed that the establishment had immediately bought pesos to stabilize the nationwide change market in Argentina and assist the insurance policies of President Javier Milei. He framed the intervention as an funding, stating that the Argentine peso was undervalued. U.S. Treasury Purchases Argentine Pesos to Assist Trade Market Stability The U.S. […]



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