Argentina’s Economy Ministry paid the nation’s Central Bank $12 billion in cash value for a series of non-transferable notes as part of the country’s agreement with the International Monetary Fund, according to a statement published Tuesday by the monetary authority.
- Non-transferable bills had maturities of June 2025, April 2026 and April 2029
- Adds that funds from Economy Ministry will strengthen the central bank’s balance sheet
- NOTE: April 11,
IMF Approves $20 Billion Extended Arrangement for Argentina
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