The LEDIV bond, touted by some as a shield against devaluation, was slashed after its total stock soared to US$6 billion

Fund chief Georgieva told Reuters that the country could be a candidate for a trust to receive extra financing

The president-elect’s team stated that they were confirming his commitment in order to shut down what they called ‘false rumors’

The rate, which applies to Argentine cards only, is now 155% higher than the official rate

It is the first increase since the post-primaries devaluation fixed it at AR$350

The economy minister said that expectations of a harvest recovery and smaller debt payments will bolster Argentina’s international reserves

The economy minister announced it would pay the US$2.6 billion due this month early to avoid ‘uncertainty’

‘Everything points to the fact that Rojnica’s businesses are part of an illegal transnational operation’

The funds are the second part of the current deal that was signed in 2020 and renewed this year