The report indicates that the operation was carried out on October 15, just nine days after the national legislative elections, in which Milei managed to prevail nationwide. It came at a time of high pressure on the exchange rate for the head of state, who hours before had visited the White House amidst a series of political gestures to dispel financial uncertainty on Wall Street and in the local market. Assistance from Bessent also manifested through interventions in the foreign exchange market for over US$2,000 million by acquiring pesos, an action that the official himself described as assertive, later stating that he had secured a profit. Buenos Aires, November 21 (NA) – The US Treasury confirmed this Friday that it transferred Special Drawing Rights (SDRs) to Argentina for an amount of US$872 million, following the financial bailout that pushed the Donald Trump administration to provide aid to the Javier Milei administration. The confirmation comes from the publication of the latest report from the Exchange Stabilization Fund.
US Treasury Confirms Transfer of $872 Million to Argentina
The US Treasury confirmed a transfer of $872 million in Special Drawing Rights to Argentina, following financial aid to the government of Javier Milei. The operation occurred during a critical period leading up to legislative elections.