US Treasury Secretary Scott Bessent said Wednesday that Washington is in talks with Argentina for a massive swap line allowing the country access to dollars.
The announcement comes as Argentina's President Javier Milei seeks to calm markets ahead of midterm elections.
"The Treasury is currently in negotiations with Argentine officials for a US$20-billion swap line with the Central Bank," Bessent said in a social media post, a day after he and US President Donald Trump spoke with Milei.
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