
In his latest analysis, Janus Henderson’s Thomas Haugaard reviews how U.S. backing has tempered Argentina’s financial turmoil.
Washington pledged exceptional support, including talks on a US$20bn swap line and potential bond purchases, easing pressure on the peso and sovereign debt.
The World Bank accelerated a US$4bn disbursement, while Milei scrapped export taxes to shore up FX reserves and fiscal credibility.
Core issues persist: an overvalued peso and depleted reserves, with post-election FX flexibility and U.S. strategic interests (energy, lithium, minerals) likely shaping conditions.
Will this intervention buy Argentina lasting stability or merely short-term relief? Read the full report for deeper insights