In this way, Luis Caputo’s economic team seeks to clear up doubts about the sustainability of the exchange rate regime and expectations of devaluation.
The statements from the United States Treasury are beginning to arrive forcefully.
The Secretary of the US Treasury, Scott Bessent, gave strong support to the exchange scheme this Thursdayamid doubts about its sustainability. He did so at the same time that he confirmed a purchase of pesos and the swap for US$20,000 million.
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With the aim of helping the Argentine Government to dispel uncertainty about the soundness of the exchange rate policy, Donald Trump’s most important economic official assured that “exchange bands remain appropriate”.


News in development.-
Source: Ambito