false Trading Ideas Stock Market Crypto Forex Economic Commodity Video World USD/ARS: Here's why the Argentine peso has crashed despite Trump bailout Written by Crispus NyagaCrispus N. Argentina election and US bailout Copy link to section The USD/ARS pair has surged in the past few days even as the US government continued its interventions. Data shows that the US Treasury sold dollars through Banco Santander, although the full amount was not made public. Crispus Nyaga Market Analyst Crispus Nyaga Market A ...

The US Treasury Department in Washington. Most Read from Bloomberg The US Treasury bought more Argentine pesos Friday than it had in any other session, traders estimated, as the currency continued to lose value despite American support. Traders estimated that Secretary Scott Bessent’s Treasury sold more than $200 million during the trading session Friday, with roughly half coming in the final 10 minutes, according to people with direct knowledge. That approximate figure wasn’t seen in prior sessions, at ...