Overview

• Treasury Secretary Scott Bessent said the United States is ready to do what is necessary to help Argentina, citing options that include swap lines, direct currency purchases, and buying dollar‑denominated government debt.
• President Javier Milei is scheduled to meet President Donald Trump and Bessent on Tuesday on the sidelines of the UN General Assembly to discuss possible assistance.
• Argentina’s foreign minister, Gerardo Werthein, called reports of a $30 billion U.S. loan absolutely false and said discussions concern a more modest amount.
• The Milei government suspended export taxes on cereals until October 31 to encourage a greater inflow of dollars, according to presidential spokesperson Manuel Adorni.
• Argentine assets rebounded after Bessent’s statement and policy signals, with the peso strengthening to about 1,430 per dollar from 1,515 on Friday following earlier sharp losses tied to political setbacks.