Argentina receives first tranche of $20-B IMF loan

Argentina shops struggle as inflation soars

Argentina received the first chunk of a $20-billion IMF loan this week to help stabilize the country’s economy. The government says it’s already controlling rampant inflation, but many people and businesses say prices are still rising. Joel Richards

Four questions (and expert answers) about Argentina’s new $20 billion financial rescue

The post Four questions (and expert answers) about Argentina’s new $20 billion financial rescue appeared first on Atlantic Council.

Natalia Motyl, an economist, analyzed the departure of the stocks and the arrival of the first disbursement from the Monetary Fund, which brought the reserves to $36.8 billion.

Argentina receives first tranche of $20-B IMF loan

BUENOS AIRES, Argentina — Argentina on Tuesday received an initial $12 billion from a new $20 billion loan agreed by the International Monetary Fund, which the central bank said would be used to boost its reserves. The South American country has loosened currency controls to receive about $42 billion from the IMF, World Bank and International Development Bank. The initial $12 billion will increase central bank reserves to nearly $37 billion, the…

Central Bank reserves hit US$36 billion after first IMF tranche

First disbursement of US$12 billion arrives from International Monetary Fund, boosting reserves; Official exchange rate rises to 1,223 pesos per dollar; Country risk falls to 725 points.

Despite the banking holiday at the beginning of Holy Week, assets recorded profits on Wall Street. The entry Up to 5% of Argentine shares listed in New York were first published in #BorderJournalism.