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

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

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
President Javier Milei ’s finance chief said the US Treasury’s backstop of Argentina’s peso is unflinching as the libertarian leader prepares to travel to Washington ahead of a crucial midterm vote.
The US “is willing to continue buying pesos and bonds, and all options are on the table,” Economy Minister Luis Caputo said Sunday in an interview with Buenos Aires-based TV channel LN+. “Today, the world’s greatest power says: ‘Argentines, we will do whatever it takes to make things right for you’.”

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