Argentina hopes to set terms of $20 bln swap line with US before election


Reuters | Updated: 16-10-2025 01:37 IST | Created: 16-10-2025 01:37 IST
Argentina hopes to set terms of $20 bln swap line with US before election

Argentina's Economy Minister Luis Caputo said he hopes to "very soon" execute a framework that will contain the terms of a $20 billion currency swap the U.S. recently agreed with Argentina's central bank, ideally before this month's midterm election.

President Javier Milei is seeking to expand his minority presence in Argentina's legislature in the October 26 vote, and U.S. President Donald Trump has signaled his support of Argentina is conditional on the success of ideological ally Milei.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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