After the United States announced support details, the Argentine peso rose and the country's dollar bonds soared.

The Argentine peso rose, and the country's dollar bonds soared, as the US government announced a financial aid package for the South American country. When the Buenos Aires market opened, the peso exchange rate rose by 2.8% to 1,330.00 pesos per US dollar. The 2035 bonds, due to mature, rose by more than 4 cents for every 1 US dollar face value, surpassing 62 cents, the highest since September 2. Earlier, US Treasury Secretary Scott Benett said the US is discussing a $20 billion currency swap agreement with Argentina and is preparing to purchase the country's dollar bonds.