U.S. President Donald Trump greets Argentine President Javier Milei at the White House on Oct. 14, 2025. Madalina Kilroy/The Epoch Times
The United States purchased additional Argentine pesos from open markets on Oct. 15, U.S. Treasury Secretary Scott Bessent said, while pressing forward on a $20 billion private investment pool aimed at Argentine government bonds.
The moves build on a fresh $20 billion currency swap agreement with Buenos Aires that delivers $40 billion in overall backing for the region’s third-largest economy. Bessent offered no specifics on the peso purchases, which follow an earlier purchase on Oct. 9.
