In Reply to: also says the guy who's sending $40 bn to Argentina... posted by UCLATennisFan on October 18, 2025 at 15:25:38
$20 billion credit swap: In early October 2025, the U.S. Treasury pledged a $20 billion credit swap line to Argentina's central bank. This is essentially a loan, with the U.S. having the ability to buy and sell Argentine pesos to stabilize its currency.
$20 billion from private financing: On October 15, 2025, U.S. Treasury Secretary Scott Bessent announced that the administration was also organizing an additional $20 billion from private banks and sovereign wealth funds. This funding is intended to be a "private-sector solution" to help Argentina meet its debt payments.