Argentina Repays $20 Billion US Swap Line, Bessent Says
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 […]