Argentina
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.
Argentine central bank to increase oversight
Argentina's central bank intends to step up oversight over foreign exchange trading, according to a report.
IMF paper on banks during the Argentine crisis
According to the IMF Working Paper "Banks during the Argentine crisis: Were they all hurt equally? Did they all behave equally?" published February 2006, the simple answer to both questions in the title is: No.
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.
Comment: Latin America spurns the Fund
Last week Brazil and Argentina surprised the international community by announcing that they both intend paying off all of their outstanding debt to the IMF before the end of the year.
Argentina plans full IMF debt repayment
Argentina has said it will pay back its entire $9.8 billion debt to the International Monetary Fund, ending 22-year-old links with the lender.
Argentine economy minister forced to resign
Roberto Lavagna was forced to resign this week as Argentina's economy minister, raising doubts over the sustainability of the country's economic recovery.
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.
Argentina mulls increasing gold reserves
Argentina's central bank may increase its gold reserves as a hedge against inflation and to protect it against financial crises, according to Juan Ignacio Basco, the bank's head of market operations.
Argentina's central bank deputy dismissed
Argentine President Nestor Kirchner has removed central bank vice-president Ricardo Branda from office. Branda is under formal investigation for alleged corruption.
Unfinished business on sovereign debt
Contractual innovations have solved some of the problems in restructuring sovereign debt, but others remain – notably the role of the IMF. Report by Paul Brione.
Interview: Martín Redrado
A re-equipped central bank is able to tackle mounting inflationary pressures in Argentina as the economy prospers, explains the central bank’s president.
Statement by IMF MD Rodrigo de Rato on Argentina
Rodrigo de Rato, Managing Director of the International Monetary Fund (IMF), issued a statement on Wednesday regarding a new economic program with Argentina.
Redrado says Argentina needs to reach IMF deal
Argentina's central bank governor Martin Redrado said on Sunday 26 June that it is important for the country to reach a loan accord with the International Monetary Fund to repay debt.
Argentina's Redrado calls for fiscal prudence
Argentina's central bank president Martin Redrado called for fiscal prudence in the coming quarter to ensure inflation does not exceed 8 percent this year.