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Treasury Sec. Bessent: Today we directly purchased Argentine pesos
CNBC Televisionยท2025-10-09 19:35

Scott, we've got a strongly worded new post here from Treasury Secretary Scott Bessant, uh, who is writing on social media, uh, a strong note of support for the government of Argentina and for Argentine financial markets. But the technical details here might be worth looking at. What the Treasury Secretary writes here uh, is that Argentina faces a moment of acute illquidity.The international community, including the IMF, is unified behind Argentina and its prudent fiscal strategy, but only the United States ...