By Andrew Moran Treasury Secretary Scott Bessent said on Jan. 9 that Argentina has repaid a drawdown on the $20 billion swap line with the United States. A severe October 2025 cash crunch pushed Argentina to obtain a $20 billion backstop from the Trump administration, delivered through a currency‑swap facility that shored up the peso. It […]
Tag: Argentina
Argentina, officially the Argentine Republic, is a country in the southern half of South America. Argentina covers an area of 2,780,400 km², making it the second-largest country in South America after Brazil, the fourth-largest country in the Americas, and the eighth-largest country in the world.
