Overview
- Scott Bessent said a first slice of the U.S.–Argentina swap was triggered and described the operation as profitable for Washington.
- Reporting indicates roughly $1.9 billion reimbursed U.S. dollar sales before the vote and about $870 million helped meet an IMF payment, totaling an estimated $2.1–$2.755 billion.
- Central‑bank balance‑sheet shifts point to new liabilities and lower net reserves under confidential terms that authorities have not fully disclosed.
- With the wholesale rate trading close to the upper band, Luis Caputo ruled out a free float and pledged a reserves‑build and debt‑buyback plan to be unveiled within roughly 30 days.
- Financial assets extended gains as the risk premium fell below 600 basis points and local bonds and equities advanced, even as scrutiny of reserves persists.