Argentina’s Central Bank announced on Friday it has repaid the portion of the US$20 billion currency swap with the United States’ Treasury that it drew on in 2025. Argentine economist Christian Buteler said that the U.S. Treasury earnings came from interests paid by the Central Bank. The swapLast October, the United States and Argentina agreed on a US$20 billion currency swap line. Even though the spent amount and terms remain confidential, Argentine economists analyzed Central Bank data last November and concluded that Argentina had used part of the swap. Bessent then confirmed that Argentina had, indeed, activated the swap.

Source: Bueno Aires Herald January 10, 2026 02:28 UTC