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Caputo Tells Bankers Argentina to Build Reserves, Buy Back Bonds

Argentina’s Economy Minister Luis Caputo at the White House on Oct. 14. — Argentina’s Economy Minister Luis Caputo at the White House on Oct. 14.
Photographer: Stefani Reynolds/Bloomberg

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By Manuela Tobias

November 8, 2025 at 2:49 PM UTC

Lea en español

Economy Minister Luis Caputo told investors in New York that Argentina plans to buy back sovereign bonds and start accumulating foreign reserves even while the peso trades within its band, according to people with direct knowledge of the matter.