In a public statement, U.S. Treasury Secretary Scott Bessent announced the administration’s willingness to provide support to Argentina. The Secretary indicated that the U.S. is prepared to implement a range of measures to address the country’s economic challenges. These include potential swap lines and direct currency purchases. The Treasury Secretary emphasized the importance of the President’s leadership and the expertise of the Argentine economic team in navigating these difficulties. The U.S. government is committed to working collaboratively with Argentina to stabilize the financial situation.
Credits: The Straits Times World News