Today, US Treasury Secretary Scott Bessent confirmed the purchase of pesos “in the spot markets” and in the “Blue Chip Swap”
Argentine economic consultancy 1816 believes that, between October 9 and 15, the US Treasury purchased pesos equivalent to around US$339 million.
For the Associated Press, the head of consultancy LP Consulting, Leonardo Piazza, states that, in Argentina, all economic actors are buying dollars or assets linked to the dollar, while the number one in international finance, which manufactures dollars, is buying pesos.
Today, US Treasury Secretary Scott Bessent confirmed the purchase of pesos “in spot markets” and in “Blue Chip Swap”, which reflects the exchange rate based on the purchase and sale of bonds or shares. (*Source: Associated Press).
