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    <title>US treasury secretary says Argentina has repaid its US credit line in a win for Milei</title>
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    <description>Argentina fully repaid the funds drawn under the USD 20 billion credit line, after its central bank executed a peso to dollar swap amounting to USD 2.5 billion by end October. The US Exchange Stabilisation Fund no longer holds Argentine pesos following the deposit. The repayment restored some market confidence and facilitated Argentina&#039;s recent return to dollar bond issuance, while significant external vulnerabilities persist due to low foreign exchange reserves and upcoming IMF and private debt repayments.</description>
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