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The central bank’s statement on monday said the agreement sets forth terms for bilateral currency swap operations between the us and argentina, but it provided no technical details. Treasury department, six days ahead of a key midterm election Argentina's central bank says it signed $20 billion currency swap deal with us the argentine peso closed at a record low, down 1.7% on the day to end at 1,475 per dollar

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Bessent said the administration has finalized a $20 billion currency swap agreement with argentina’s central bank, allowing it to exchange its local currency for the us dollar.

Argentina’s central bank and the us treasury signed a currency swap line for $20 billion, a vote of confidence for president javier milei ahead of a crucial midterm election

Argentina’s central bank and the us treasury have signed a currency swap line for $20 billion, a key vote of confidence for president javier milei ahead of a crucial midterm election on sunday. The united states directly purchased argentine pesos on thursday and finalized a $20 billion currency swap line with argentina’s central bank, treasury secretary scott bessent. But with details still scarce, bonds erased initial gains and the peso weakened The deal, announced by the argentine monetary authority on monday, is a key pillar of a sweeping rescue package treasury secretary scott.