The government today received USD 12 billion from the IMF and the Central Bank’s reserves closed at USD 36,799 million

The initial disbursement represents 60% of the total program approved on Friday. By the new agreement, Argentina concentrates almost half of all the loans that the Monetary Fund has in force

The reserves of the BCRA rose to almost US$ 36.8 billion, after the International Monetary Fund turned US$ 12 billion corresponding to the first disbursement of the new financial agreement. Thus, there was a strong strengthening of the support that the BCRA has to operate on the exchange market, where since the disappearance of the stocks still did not need to intervene. After the devaluation of this Monday due to the flexibility of the stocks, …

Agreement with the IMF: the criticisms of the opposition More information... This Tuesday, the first disbursement of money arrived in the country, as part of the new debt period that Javier Milei's government agreed with the International Monetary Fund. It is 12 billion dollars of free availability, of the total of 20 billion confirmed days ago. With this money, the reserves of the Central Bank increased 12,494 million dollars in the day and wer…

On Tuesday, the Central Bank received the first disbursement from the International Monetary Fund for USD 12 billion and the gross reserves ended up at $36,799 million, the monetary authority said. The second day since the beginning of the new exchange rate scheme of floating between bands, which ended with a stable exchange rate around $1,200 -in the center of the free fluctuation zone-, again had the BCRA without intervention. By the new agree…

The reserves of the Argentine Central Bank rose to the highest level in two years after the initial injection of dollars from the International Monetary Fund (IMF). The entity that presides Santiago Bausili reported on Tuesday that its gross international reserves reached US$36.799 million, almost US$12.5 billion above the previous closure. Thus, they are located at the highest level since April 2023. According to Bloomberg Line of a person with…

Another US$2 billion is still to be disbursed in June, while the remaining US$1 billion still has no confirmed date of income.The entry The IMF turned US$12 billion and Argentine reserves exceeded US$36 billion was first published in #BorderPeriodism.