
Pimco Advises Argentina to Float Peso
Pimco has advised Argentina's President Javier Milei to allow the peso to float freely, a critical recommendation ahead of his investor meetings in New York.
#Argentina Economy#Javier Milei#Pimco
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Pimco has advised Argentina's President Javier Milei to allow the peso to float freely, a critical recommendation ahead of his investor meetings in New York.

Argentine President Javier Milei's party, La Libertad Avanza, has secured a major victory in midterm elections, increasing its seats in Congress.

The U.S. Treasury has announced a $40 billion financial support package for Argentina, combining a currency swap line with a private-sector debt facility.