© Reuters. FILE PHOTO: A participant stands near a logo of IMF at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo/File Photo
USD/ARS
-0.01%
Add to/Remove from Watchlist
Add to Watchlist
Add Position
Position added successfully to:
Please name your holdings portfolio
Type:
BUY
SELL
Date:
Amount:
Price
Point Value:
Leverage:
1:1
1:10
1:25
1:50
1:100
1:200
1:400
1:500
1:1000
Commission:
Create New Watchlist
Create
Create a new holdings portfolio
Add
Create
+ Add another position
Close
MEXICO CITY (Reuters) – The International Monetary Fund on Monday said it welcomed Argentine authorities’ recent policy actions and commitment to safeguarding stability, rebuild reserves and enhance fiscal order.
The IMF added that its board is set to meet on Aug. 23 to approve Argentina’s 5th and 6th reviews to “unlock the agreed disbursements.”
The Fund’s comments came after the Argentine government devalued its currency by nearly 18%, while the benchmark interest rate will be hiked 21 percentage points to 118%, as pressure built on Argentina’s financial markets following a primary election.
Source: Investing.com