Argentina

Argentina's Redrado on financial stability

In the speech 'Financial stability and the importance of AML/CFT supervision and regulation' given on 13 February Martin Redrado of the Central Bank of Argentina said there is no unique solution or pre-established methodology for governments or…

Redrado on monetary policy in Argentina

In the speech 'Overview of monetary and financial policy in Argentina' given on 20 December Martin Redrado of the Central Bank of Argentina said the main obstacle to implementing inflation targeting is the small size of the financial system.

Argentina's Redrado says reserve building vital

Argentine central bank president Martin Redrado said Monday 8 January Latin American countries should take advantage of the current moment of good economic growth to build up foreign reserves to prepare for unforeseen problems.

It's the imbalances, stupid

Rachel Lomax, a deputy governor of the Bank of England, dismissed suggestions that the International Monetary Fund had outlived its usefulness in a speech in London on Wednesday 1 November.

IMF members approve voting reform plan

The 184-nation International Monetary Fund on Monday 18 September approved reforms to increase the voting shares of emerging economies, the German finance minister was quoted by Associated Press as saying.

SEA-LAC central bank governors' meeting begins

Central Bank Governors from South East Asia (SEA), Latin America and the Caribbean (LAC) gathered Friday 15 September for the first time in Kuala Lumpur, for the inaugural SEA-LAC Central Bank Governors' Meeting.

Comment: Indonesia and the IMF

The Indonesian finance minister, Sri Mulyani Indrawati, has indicated that the country is considering the early repayment of its outstanding debt to the IMF. The prospect of early repayment raises some interesting questions and policymakers are likely to…

Argentina to buy euros to restock reserves

Argentina's central bank will begin buying euros in the foreign exchange market to help bolster its foreign reserves, which were sharply reduced to pay back the country's debt with the IMF, a central bank official said on Sunday 8 January.

Argentina's Kirchner replaces Lavagna

Argentine President Nestor Kirchner yesterday replaced Economy Minister Roberto Lavagna on Monday 2 January following disagreements between the two with regard to inflation.

Argentina to pay off IMF debts at start of 2006

Argentine President Nestor Kirchner said on Wednesday 21 December that his country will clear its debt with the International Monetary Fund on 2 January next year, instead of the previously announced next Thursday.

Argentina sells bonds to Venezuela

Argentina sold $496 million in bonds to Venezuela to help boost its international reserves as it prepares to pay back the $9.8 billion it owes the International Monetary Fund.

Argentina explains: Why gold?

According to this article published on Tuesday 4 October, suggestions that the Central Bank of Argentina, along with other South American nations, might increase its gold holdings has now become a realistic scenario.

Central Bank of Argentina - a changed view on gold

This article published Monday 19 September says the Central Bank of Argentina has now changed its philosophy and was a purchaser of gold during 2004 as it reshaped its portfolio and may consider taking more in the future along with other Latin American…

Comment: Gold stages a comeback

With the gold price hitting 18-year highs, it is about time there was serious re-thinking among central bankers with regards to holding gold as a part of their reserve portfolios.