The Argentine peso reached its lowest level since the U.S. began purchasing it on Tuesday. The purchase was made on Oct. 9., and announced on X by Treasury Secretary Scott Bessent. The two countries ...

(Bloomberg) -- Investors in Argentina began to anticipate a subtle policy change as President Javier Milei seemed to ease his control of how many pesos circulate in the economy, a trade-off between ...

Add Yahoo as a preferred source to see more of our stories on Google. A one hundred Argentine peso bill sits on top of several one hundred U.S. dollar bills in this illustration picture taken October ...

US Treasury Secretary Scott Bessent said his risky US gamble on Argentina's currency has paid off. Bessent said American financial support had been repaid and the US no longer held any Argentine pesos ...

WASHINGTON(AP) — The United States directly purchased Argentine pesos on Thursday and finalized a $20 billion currency swap line with Argentina’s central bank, Treasury Secretary Scott Bessent said in ...

Treasury Secretary Scott Bessent spoke at a conference in Washington Thursday. (Andrew Caballero-Reynolds/AFP/Getty Images) Treasury Secretary Scott Bessent said Thursday the U.S. bought pesos in a ...

Add Yahoo as a preferred source to see more of our stories on Google. A one hundred Argentine peso bill sits on top of several one hundred U.S. dollar bills in this illustration picture taken October ...

BUENOS AIRES (Reuters) -Argentina's peso slid 10% on Monday to near 1,200 per dollar after the country undid large parts of its currency and capital controls at the end of last week, part of sealing a ...