Friday, 10 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Argentina bonds, peso extend rally with eyes on US support details
Economy

Argentina bonds, peso extend rally with eyes on US support details

Last updated: September 25, 2025 5:06 am
Share
Argentina bonds, peso extend rally with eyes on US support details
SHARE

Contents
Argentina’s International Bonds and Peso StrengthenWorld Bank’s Support CommitmentMarket Response to U.S. SupportBond and Currency PerformanceStock Market TrendsAnticipated Support DetailsSkepticism on Long-Term Support
Argentina’s Economic Outlook Brightens with U.S. Support

By Rodrigo Campos and Karin Strohecker

Argentina’s International Bonds and Peso Strengthen

NEW YORK/LONDON (Reuters) – Argentina’s international bonds experienced a notable uptick on Tuesday, and the local peso gained strength against the dollar following a supportive address by U.S. President Donald Trump. The President extended his backing to Argentina’s new right-wing leader, Javier Milei, highlighting confidence in his economic program.

World Bank’s Support Commitment

The World Bank announced its intention to disburse up to $4 billion in Argentina over the next few months to bolster the country’s reform initiatives. This financial commitment signals a strategic partnership aimed at supporting Argentina’s economic recovery and policy changes.

Market Response to U.S. Support

Following Trump’s endorsement of Milei’s economic plans, Argentine financial assets rallied. The U.S. expressed readiness to assist in ensuring mutual success for both nations without necessitating an outright bailout for Argentina. The South American country is approaching a significant midterm election on October 26, making this financial backing particularly critical.

Bond and Currency Performance

Market data from MarketAxess showed Argentine bonds climbing by 2 to 3 cents, with the 2046 bond rising 2.8 cents to 59 cents on the dollar. The peso, experiencing a remarkable rebound, appreciated nearly 4% against the dollar, building on gains made on Monday.

Stock Market Trends

Additionally, local stocks displayed resilience, with the benchmark index increasing by approximately 1%, following an impressive nearly 8% rise the previous day. Shares on U.S. exchanges involving Argentine companies also saw a 3% increase.

See also  Inheritance tax referendum spooks Swiss super-rich

Anticipated Support Details

Investor enthusiasm swelled after U.S. Treasury Secretary Scott Bessent’s initial support announcement, although details remain sparse regarding the specifics of the assistance package. “We are keenly awaiting further clarifications, but the primary goal is to stabilize Argentine assets,” noted Shamaila Khan, head of fixed income for emerging markets and Asia Pacific at UBS. “Bessent’s remarks were notably strong and represent an unprecedented level of support for Argentina.”

Skepticism on Long-Term Support

Despite the current optimism, some market analysts remain cautious. “For the short term, it’s certainly good,” commented Juan Perez, director of trading at Monex. He added that the long-term impact would depend on how U.S. commitments translate into tangible support. He remarked, “Argentina seems to be benefitting from a political alignment with the Trump administration, which emphasizes that any commercial relationship will intertwine with political objectives rather than solely numerical assessments.”

This rewritten article integrates specific HTML tags, preserves the structure, and maintains the key points from the original article while providing a fresh narrative suited for a WordPress platform.

TAGGED:ArgentinaBondsdetailsExtendEyespesoRallysupport
Share This Article
Twitter Email Copy Link Print
Previous Article Influencer Reacts to Summer I Turned Pretty Engagement Ring Comparison Influencer Reacts to Summer I Turned Pretty Engagement Ring Comparison
Next Article Owners of Radio Shack and Pier 1 Imports accused by SEC of operating 2 million Ponzi scheme Owners of Radio Shack and Pier 1 Imports accused by SEC of operating $112 million Ponzi scheme
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Alphabet praises DeepSeek, but it’s massively ramping up its AI spending

Alphabet Boosts AI Budget Despite DeepSeek Crash Last week, the AI industry was rocked when…

February 4, 2025

Health care looms large as deadline nears on One Big Beautiful Bill

As Congress prepares to adjourn, disagreements over key Medicaid provisions in President Trump's tax bill…

June 25, 2025

Man charged with threatening to kill judge in Zoom court, voicemails

A suburban man is facing a slew of felony charges for allegedly making threats against…

November 12, 2024

Late Night’s Seth Meyers Reveals His Favorite Day Drinking Guest

Seth Meyers is no stranger to getting drunk for the sake of comedy, especially on…

May 21, 2025

Teen fatally shot at ‘pop-up party’ after group brawl

Authorities have reported that a chaotic "pop-up party" fueled by alcohol, which started in Denver…

June 6, 2025

You Might Also Like

Gold, Silver, and U.S. Stocks Are All at Record Highs. What Gives?
Economy

Gold, Silver, and U.S. Stocks Are All at Record Highs. What Gives?

October 10, 2025
Meme stock resurgence prompts return of central meme investment fund
Economy

Meme stock resurgence prompts return of central meme investment fund

October 10, 2025
Sugar Prices Retreat on a Forecast for a Global Sugar Surplus
Economy

Sugar Prices Retreat on a Forecast for a Global Sugar Surplus

October 10, 2025
Nvidia Stock Got Rocked by AMD’s OpenAI Deal, But Wall Street Still Loves NVDA
Economy

Nvidia Stock Got Rocked by AMD’s OpenAI Deal, But Wall Street Still Loves NVDA

October 10, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?