Argentina bought $808 million in special drawing rights from the US Treasury to confront its latest interest payments at the International Monetary Fund without tapping a swap line shared between both countries, according to the local newspaper La Nacion.
Argentina bought $808 million in special drawing rights from the US Treasury to confront its latest interest payments at the International Monetary Fund without tapping a swap line shared between both countries, according to the local newspaper La Nacion.
The Central Bank of Argentina in Buenos Aires, Argentina, on Tuesday, Nov. 21, 2023. Yesterday on Wall Street, Argentine stocks soared the most in at least a decade on optimism that Javier Milei might be able to fix the beleaguered economy, but day two will test the local markets after a holiday reopening and growing concerns about the potential wave of Argentines withdrawing pesos to buy dollars.