Historic: US Treasury Intervenes in Argentine Currency Markets: Peso Is ‘Undervalued’

U.S. Treasury Secretary Scott Bessent revealed that the instauration had straight purchased pesos to stabilize the nationalist speech marketplace successful Argentina and enactment the policies of President Javier Milei. He framed the involution arsenic an investment, stating that the Argentine peso was undervalued. U.S. Treasury Purchases Argentine Pesos to Support Exchange Market Stability The U.S. […]