Argentina has fully repaid the US$2.5 billion it drew down from a US$20-billion swap line with the Trump administration while also making key payments to bondholders.
US Treasury Secretary Scott Bessent confirmed Friday that Javier Milei’s government “quickly and fully” repaid a portion of the swap. While he didn’t detail any figures, the US Treasury disclosed the amount drawn down in its most recent report on the Exchange Stabilization Fund.
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