Saralnama₹8.9 trillion ($110 billion) is the amount of Argentina's debt that the US might help stabilize. US Treasury Secretary Scott Bessent said on that all options are on the table to help Argentina's economy. This includes buying pesos and dollar-denominated debt. The peso's value has been falling, worrying investors. President Javier Milei, elected in 2023, promised to control inflation through spending cuts. The US sees Argentina as an important ally in Latin America. Milei will meet US President Donald Trump in New York on to discuss further support. The news helped calm financial markets and lifted Argentine stocks. (Updated 23 Sep 2025, 00:07 IST; source: link)
Key Points
- ₹8.9 trillion ($110 billion) is the amount of Argentina's debt that the US might help stabilize
- US Treasury Secretary Scott Bessent said on that all options are on the table to help Argentina's economy
- This includes buying pesos and dollar-denominated debt