What is a swap, the financial instrument that the U.S. Treasury agreed to with Argentina?
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0Moment broadcast on #ArribaArgentinos on Friday, October 10, 2025, on eltrece.
The government closed a currency agreement with the Trump administration for US$20 billion. Learn what it entails.
A swap is a financial agreement through which two countries exchange currencies to strengthen their reserves and achieve exchange rate stability. Unlike a traditional loan, it does not involve direct debt: each party delivers its own currency and receives the other country's currency, agreeing to return it at the end of the agreed term along with the corresponding interest.
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