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Axios
Axios

The U.S. bought Argentine pesos, Bessent says

Treasury Secretary Scott Bessent said on Thursday that the U.S. government has bought Argentine pesos as part of a program to help the struggling South American nation.

Why it matters: While an important boost to a political ally in Argentine President Javier Milei, the move could rekindle complaints that a bailout was done at the expense of American farmers.


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