Argentinian central bank willing to finance external debt
Institution commits to maintain positive real interest rates in order to foster price stability
The Central Bank of Argentina (BCRA) is willing to support the Treasury in financing the country’s external debt in the “context of the economic and social emergency”, said the institution on January 27.
The Argentinian government faces hefty debt payments in 2020. According to official data, Buenos Aires needs to honour $9 billion in payments to private sector lenders this year, $4 billion more for the public sector, and $2.7 billion for multilateral institutions. More than $10 billion of
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