The Minister of Finance of USAScott Bessed, promised to provide “all options for stabilization” to Argentina president Javier Mileywho is trying to prevent his country from falling into crisis, causing rally in assets.
Bessed and US President Donald Trump will chat with Javier Miley in New York tomorrow Tuesday (23.9.2025) and “more details will be available immediately after the meeting,” Besed said today (22.9.2025) in X. Currency Exchange Lines, Direct Currency Repelves and US Debt Dollars from the Ministry of Finance’s currency stabilization fund.
Argentine bonds in dollars reached the highest levels of the post -announcement sessionwith bonds expiring in 2035 rising almost eight cents per dollar and negotiating more than 55 cents, according to indicative prices raised by Bloomberg. The peso reinforced almost 3% to $ 1,432 per dollar, and the S&P Merval reference index rose more than 6%.
“For Washington, Miley represents more than an economic partner: he is also a strategic geopolitical ally, as the US is seeking to create a block of like -minded governments in Latin America,” said Claudio Zamba, Founded by Mangart.
Miley’s support reinforces the strongest presence of the Trump government in the region. Bessed described Argentina as a “systemically important US ally” and highlighted private investment opportunities in the country.
On the contrary, Trump imposed high duties on neighboring Brazil before the country’s Supreme Court condemned former Messiah Bolsonaru leader Zai Bolsonaru to conspiracy to consult a coup. The US president also attacked boats allegedly transporting drugs as a warning to Nicolas Maduro of Venezuela.
An immediate loan from the US Treasury in a foreign country would be extremely unusual, but it is not unprecedented. In early 1995, President Bill Clinton asked the Treasury to withdraw $ 20 billion from the currency stabilization fund to lend them to Mexico as part of a wider rescue package to stabilize the peso.
Miley, for his part, has carefully cultivated ideological ties with Trump, visiting the latter at Mar-A-Lago shortly after his November 2024 election. The new US support for Argentina will be added to the $ 20 billion dollars program.
IMF chief executive Kristalina Georgieva welcomed Bessed’s support for Argentina, referring to a post on X that “this underlines the critical role of partners in promoting powerful policies for stabilization and development” in Argentina.