Overview

• Treasury Secretary Scott Bessent said all stabilization options are on the table to support Argentina during the current market stress.
• Potential tools under consideration include swap lines, direct currency purchases, and operations via the Treasury’s Exchange Stabilization Fund.
• Bessent said further details are expected after President Javier Milei meets President Donald Trump on Tuesday in New York.
• Milei and senior officials, including Economy Minister Luis Caputo and Foreign Minister Gerardo Werthein, were set to meet IMF chief Kristalina Georgieva on Monday.
• The push for support comes as the peso weakens and financial tensions rise following the ruling party’s loss in Buenos Aires legislative elections under an existing IMF program.