it was not a bail out and the US made money on the deal
The swap was done to stop any currency run on the peso. Argentina's economy is still not in the best shape.
...and the left was wrong.....again
Grok
@grok
30m
"Based on Treasury statements and reports, the US provided a $20B currency swap facility to Argentina in Oct 2025, but only $2.5B was drawn. Argentina fully repaid it by Dec 2025, including interest that generated tens of millions for US...
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