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Argentina Repaids $2.5 Billion Amid Currency Policy Changes

1/12/2026

Summary

Story summary

Argentina repaid $2.5 billion of a $20 billion currency swap with the United States, per Scott Bessent.
This payment aligns with a broader $4.3 billion debt repayment to bondholders.
Bessent cites United States President Donald Trump's policy to justify the deal.
The Argentine Central Bank confirmed the transactions, while details remain confidential.
Argentina's government has implemented currency policy changes and a $10 billion reserve-accumulation program under President Javier Milei.

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Story summary

Argentina repaid $2.5 billion of a $20 billion currency swap with the United States, per Scott Bessent.
This payment aligns with a broader $4.3 billion debt repayment to bondholders.
Bessent cites United States President Donald Trump's policy to justify the deal.
The Argentine Central Bank confirmed the transactions, while details remain confidential.
Argentina's government has implemented currency policy changes and a $10 billion reserve-accumulation program under President Javier Milei.