Argentina's repayment dates to IMF extended by 1yr

Argentina's debt repayment dates to the International Monetary Fund were extended by a year on Friday, the agency said.

The country owes the IMF about $1.1 billion, with six repayment dates that were scheduled to begin Monday. As well, Argentina's government will remove its central bank chief, Alfonso Prat-Gay, replacing him with Deputy Foreign Minister Martin Redrado, said AFX News, citing a government source.