Overview

• Javier Milei travels to New York for meetings with President Donald Trump and IMF chief Kristalina Georgieva, with Treasury Secretary Scott Bessent also on his agenda.
• The government says talks with the U.S. Treasury are very advanced for a swap or loan to bolster reserves and cover 2026 debt payments, though any funds would not be immediate.
• Reports cite likely U.S. conditions requiring guarantees tied to next year’s debt service of more than US$20 billion, with market speculation placing potential support in a US$10–30 billion range.
• The Central Bank sold about US$1.11 billion in three days to defend the currency band as the peso fell roughly 10% in September and Argentine assets tumbled.
• The Financial Times and analysts warn the exchange-defense strategy is unsustainable without fresh financing or stronger political backing, and Milei acknowledged the devaluation could feed prices and weigh on activity.