#currency-stabilization

[ follow ]
#venezuelan-oil #us-sale-proceeds #oil-sector-reform #pdvsa #argentina #us-swap-lines #political-risk
World news
fromwww.dw.com
1 week ago

Venezuela receives $300 million in funds from US oil sales

Venezuela received $300 million from a US sale of its crude and will use it to stabilize the bolivar and the foreign exchange market.
World news
fromFortune
3 months ago

Bessent's big gamble on Argentina has a narrow road to pay off | Fortune

The US-backed $20 billion support aims to stabilize Argentina's peso and political standing to enable President Milei's reforms, but significant political and economic risks remain.
fromenglish.elpais.com
4 months ago

US announces it will do whatever is necessary to support Argentina'

Javier Milei's unconditional support for Donald Trump is beginning to bear fruit. At a time when the Argentine president is going through his weakest moment politically and his economic plan is faltering, the Republican administration of the United States announced that it is willing to do whatever is necessary within its mandate to support Argentina. This support, Treasury Secretary Scott Bessent explained, could take the form of a currency swap, the purchase of foreign currency, or the purchase of Argentine debt denominated in dollars.
World news
[ Load more ]