Overview
- President Javier Milei and Economy Minister Luis Caputo will meet IMF chief Kristalina Georgieva on Monday before a Tuesday bilateral with U.S. President Donald Trump in New York.
- Talks focus on a potential Treasury Exchange Stabilization Fund facility reported as a swap or loan, with media citing ranges from roughly US$3–10 billion and some speculation up to US$30 billion.
- Reporting says U.S. officials want strong guarantees linked to 2026–2027 debt service, with a threshold cited above US$20 billion, and any funds would not arrive immediately.
- The central bank sold about US$1.1 billion across three sessions, including US$678 million on Friday, to hold the exchange rate at the top of the official band as reserves come under pressure.
- Caputo pledged to defend the band, saying the government will sell “until the last dollar,” while the opposition readies an Oct. 2 Senate session to try to overturn vetoes on university and pediatric funding.