The United States made a profit on buying Argentine pesos. Wall Street banks, which spent a chunk of October in talks with the US Treasury over a plan to line up billions for Javier Milei, haven’t moved forward this week. And Scott Bessent sent a message to Argentine investors: Now it’s your turn.
With Bessent’s mission accomplished and Milei notching a decisive, comeback win in midterm elections that had put markets on edge for weeks, the US rescue plan for Argentina appears to be on the back burner for now.
“The markets should easily and enthusiastically meet the Republic’s 2026 financing needs,” Bessent
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