Argentina Gets Help From Lenders, But No US Firepower

Argentina expects some assistance in the form of accelerated funding from international lenders, but it’s a far cry from the more substantial boost hinted at by the US to reverse the peso’s major slump.

The World Bank and Inter-American Development Bank announced on Tuesday they’d free up money that had already been promised to Argentina, or send it more quickly, so President Javier Milei could put it to work faster.