Argentina’s Economy Chief Says US Willing to Keep Buying Pesos

Argentina's Economy Minister Sergio Massa has stated that the US is willing to continue purchasing Argentine pesos as the country's new libertarian president, Javier Milei, prepares to visit Washington ahead of an important midterm election. This announcement comes as a sign of the US's unwavering support for Argentina's peso, which has faced significant economic challenges in recent years. The finance chief's comments suggest that the US Treasury's commitment to backing the peso remains strong, despite the political changes in Argentina. This move is seen as crucial for Argentina's economic stability as it navigates the complex landscape of its midterm elections. The article highlights the importance of the US-Argentina economic relationship and the US's willingness to support Argentina's currency, even as the country undergoes a political shift towards a more libertarian leadership. The visit by President Milei to Washington is expected to be a key event in the lead-up to the midterm vote.
Source: For the complete article, please visit the original source link below.