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Maroc Maroc - THEDEEPDIVE.CA - A La Une - 21/Nov 19:16

Banks Pivot From Argentina Bailout To Stopgap Repo

US banks have shelved a headline $20 billion bailout facility for Argentina and are instead working on a far smaller, short-term repo package of around $5 billion, sharply reducing the scale of private financing attached to Washington’s support for President Javier Milei. In October, the US Treasury reached a $20 billion exchange-rate stabilization agreement with […] The post Banks Pivot From Argentina Bailout To Stopgap Repo appeared first on the deep dive.

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