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1h ago

Milei Flies to New York Seeking U.S. Backing as Central Bank Sells $1.1 Billion to Defend Peso

Negotiating reports say any U.S. lifeline would hinge on guarantees tied to next year's bond payments.

Nueva crítica del Financial Times al gobierno de Milei: habló de una política económica “insostenible”.
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Milei anunció que partirá este lunes por la noche a Estados Unidos para reunirse con Trump, Giorgieva y hasta con Netanyahu.
Juan Nápoli habló de la pérdida de reservas del BCRA. 

Overview

  • The president is set to meet President Donald Trump, IMF chief Kristalina Georgieva and U.S. Treasury Secretary Scott Bessent in New York this week to court political and financial support.
  • The central bank sold about US$1.1 billion across three sessions—US$53 million Wednesday, US$379 million Thursday and US$678 million Friday—as the peso hit the top of the official band.
  • Economy Minister Luis Caputo said the government will defend the band “selling up to the last dollar,” while working to secure assurances for the January and July 2026 bond payments.
  • Discussions include possible Exchange Stabilization Fund tools from the U.S. Treasury, with reports citing conditions tied to debt-service guarantees; market speculation on size ranges from roughly US$3–10 billion to as high as US$30 billion.
  • International scrutiny intensified as the Financial Times warned the current FX strategy is “not sustainable,” and opposition senators plan a special session on Oct. 2 to try to overturn vetoes on university and pediatric funding.