# U.S. support for Argentina's markets has prevented a downgrade of the South American country's credit rating.

*business · news · 2025-10-22 · Reuters*

## Key points

- U.S. support prevented Argentina from receiving a credit rating downgrade, according to Fitch Ratings.
- Fitch clarified Argentina still needs a comprehensive plan to rebuild foreign exchange reserves for an upgrade.
- Argentina's central bank signed a $20 billion exchange-rate stabilization agreement with the U.S. Treasury.
- The agreement is part of U.S. efforts to back President Javier Milei's reform agenda before midterm elections.

**Countries:** United States, Argentina

[Read the full story on Reuters](https://www.reuters.com/world/americas/fitch-says-us-support-helped-argentina-ward-off-ratings-downgrade-2025-10-22/)

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