The US Treasury directly intervened in the Argentine foreign exchange market, purchasing pesos and establishing a $20 billion swap line to stabilize markets amid Argentina's liquidity crisis.
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US Government Intervenes in Argentine FX Market—Bessent Says 'Direct Purchase of Argentine Peso'

The US Treasury directly intervened in the Argentine foreign exchange market, purchasing pesos and establishing a $20 billion swap line to stabilize markets amid Argentina's liquidity crisis.

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