# US Treasury's support for Argentina gives peso, Milei friendly leg-up, for now | Reuters

> US Treasury backing for Argentina gave the peso and other Argentine assets a sharp boost after major losses the previous week. President Milei and President Trump were to meet before any decision on further US intervention.

- Date: 2025-09-23 · published 2025-09-23T12:00:00.000Z
- Category: macro · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/23183-us-treasury-s-support-for-argentina-gives-peso-milei-friendly-leg-up-for-now
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

A firmer peso reduces the incentive for Argentine exporters to sell crops quickly, which can support soymeal and soyoil prices. The effect is limited while the backstop remains conditional.

## Read by commodity

- USDARS: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/world/americas/us-treasurys-support-argentina-gives-peso-milei-friendly-leg-up-now-2025-09-23/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.