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Washington – The USA is supporting the Argentine economy with purchases of the national currency, the peso. In addition, a framework agreement for a currency exchange worth $20 billion has been concluded with the Argentine central bank, US Finance Minister Scott Bessent announced on Thursday. This is the result of a four-day meeting of finance ministers from both countries this week in Washington, which was also attended by representatives of the International Monetary Fund (IMF). “Argentina is in an acute liquidity crisis,” Bessent wrote on the X platform. “The US Treasury Department is ready to immediately take all necessary measures to ensure the stability of the markets.”
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