The U.S. Treasury has initiated measures to stabilize the Argentine peso by purchasing the currency in both blue-chip swap and spot markets. Treasury Secretary Scott Bessent confirmed ongoing communication with Argentina’s economic team to maintain the exchange rate below critical levels. This intervention aims to prevent further economic instability in Argentina. Meanwhile, President Donald Trump has issued a warning that U.S. support could be retracted if Javier Milei’s party fails to secure a victory in the upcoming legislative elections on October 26. This conditional support has drawn criticism from analysts who view it as political interference in Argentina's domestic affairs.