MercadoLibre: Argentine Stocks Benefit from the Prospect of a $20 Billion Financing Program by the U.S. for the Argentine Private Sector!

Argentine stocks are coming into focus for investors on October 27 after a press release announced that U.S. Treasury Secretary Bessent stated that the U.S. Treasury had bought Argentine pesos on the open market in the morning and that the U.S. might also acquire Argentine government bonds. Secretary Bessent also mentioned that the U.S. is working on a $20 billion financing program for the Argentine private sector, which would be established in addition to the existing swap line and would invest in government bonds. Among the Argentine stocks,...