An improved assessment could have opened up to US$3 billion in investment, but a government spokesperson told the Herald there were ‘no expectations’ prior to the announcement

The monetary authority also eliminated a cross restriction for non-resident investors

The monetary authority had already made a US$1 billion repo in January

The battery of new financial measures will involve using debt with international banks, changes to bank reserve requirements, and eliminating key instruments such as LEFIs

The amount obtained through the BONTE will be used to strengthen the country’s international reserves

The BONTE expects to raise US$1 billion, while analysts say the country should strengthen its international reserves by buying them directly in the foreign exchange market

The president said he doesn’t care ‘in the slightest’ how Argentines got their dollars

Prices had been going up due to increased uncertainty over the IMF deal

The monetary authority’s vice president said they will now be defined by ‘supply and demand’