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Eliana Raszewski

Argentina lures wary investors with dollar-linked bond as IMF arrives

07 Oct 2020

BUENOS AIRES Argentina tempted wary investors with a dollar-linked bond on Tuesday, issuing around $1.8 billion of the instrument it hopes will help bolster the peso amid a domestic currency crisis, stringent capital controls and tumbling foreign reserves.

UPDATE 4-Argentina lures wary investors with dollar-linked bond as IMF arrives

06 Oct 2020

BUENOS AIRES, Oct 6 Argentina tempted wary investors with a dollar-linked bond on Tuesday, issuing around $1.8 billion of the instrument it hopes will help bolster the peso amid a domestic currency crisis, stringent capital controls and tumbling foreign reserves.

Argentina cuts soy export tax rate in bid to boost FX reserves

03 Oct 2020

BUENOS AIRES Argentina has temporarily cut soybean export taxes by 3 percentage points to 30% to help stimulate trades, the government announced, as the country struggles with recession and dwindling foreign reserves.

Argentina Inc fears 'virtual default' as FX noose tightened

25 Sep 2020

BUENOS AIRES Argentine companies are facing an increasingly difficult task to keep up with payments on dollar debt, hiking the risk of a wave of corporate defaults after the country tightened access to foreign currency to stem a sharp decline in reserves.

Argentina Inc fears 'virtual default' as FX noose tightened

25 Sep 2020

BUENOS AIRES, Sept 25 Argentine companies are facing an increasingly difficult task to keep up with payments on dollar debt, hiking the risk of a wave of corporate defaults after the country tightened access to foreign currency to stem a sharp decline in reserves.

Argentina's honeymoon with IMF about to get a reality check

18 Sep 2020

NEW YORK/BUENOS AIRES Argentina's honeymoon with the International Monetary Fund is about to be tested as it looks to update a $57 billion agreement struck two years ago that failed to prevent a slide into recession and the country's ninth sovereign default.

Argentina currency crackdown dims investor hopes of economic rebound

18 Sep 2020

BUENOS AIRES Argentina's standing in global markets is at risk once again after it moved this week to further restrict access to dollars as foreign reserves dry, a move analysts say will hit its much-needed economic revival and investor sentiment.

Argentina's Guzman says seeking payment pause with IMF until 2024 - report

13 Sep 2020

BUENOS AIRES Argentina is seeking to avoid repayments to the International Monetary Fund (IMF) in the period 2021-2024 as it negotiates a new deal with the lender, Economy Minister Martin Guzman told local newspaper La Nacion in a report published on Sunday.

UPDATE 2-Argentina takes debt revamp over $100 bln with local bond exchange

04 Sep 2020

BUENOS AIRES, Sept 4 Argentina said it had successfully restructured over $40 billion of local-law foreign currency debt on Friday, on top of its recent $65 billion international bond revamp, which will help the country dig itself out of its ninth sovereign default.

UPDATE 2-Argentina debt deal should limit need for more controls, reduce peso gap- cenbank chief

25 Aug 2020

BUENOS AIRES, Aug 25 Argentina's recent debt restructuring deal with creditors should tame the need for further currency controls and help reduce the wide gap between the official exchange rate and the black market peso, the central bank chief said on Tuesday.

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