Argentina
Argentine peso dips amid monetary expansion talk
The Argentine peso has suffered amid slack demand for the U.S. currency as local investors have taken advantage of high interest rates of up to 25 percent offered on deposits, according to a report from Reuters.
Argentine gov't to withdraw quasi-currencies
An agreement reached on Thursday 10 April means that nine of the ten issues of quasi currencies can be removed from the system in Argentina, Associated Press said. The move which came during the currency crisis in the South American nation complicated…
Former Argentine central bank chief Maccarone dies
Roque Maccarone, who was president of the central bank of Argentina from May 2001 to January 2002, has died at the age of 70, Associated Press reports.
IMF role in Argentina to be investigated by panel
An International Monetary Fund panel will examine whether the IMF should have done more to prevent Argentina's economic collapse, the first time the independent board will review the fund's handling of a single country.
IMF Press Release
PRESS RELEASE - IMF Approves Transitional Stand-By Credit Support for Argentina, 24 January.
IMF Press Release
PRESS RELEASE - IMF Managing Director Issues Statement on Transitional Credit Support for Argentina, 17 January.
Argentina clinches IMF debt rollover deal
Argentina clinched a watershed debt rollover deal with the International Monetary Fund (IMF) on Thursday after a year of tortuous negotiations, gaining breathing space to find a way out of its worst ever financial crisis.
Argentina defaults on IADB loan
Argentina said on Wednesday it could not repay a loan to the Inter-American Development Bank on time, adding the Washington-based multilateral lender to the growing list of institutions to which it has defaulted.
IMF Press Release
PRESS RELEASE - Argentina: Press Statement following Article IV Consultation, 8 January.
Argentina agrees IMF plan
Argentina has taken a crucial step towards securing further loans for its troubled economy by accepting an outline proposal from the International Monetary Fund (IMF).
Argentina complies with IMF currency restrictions
Argentina's central bank on Tuesday night fully lifted all currency market controls with the dual goal of maintaining the current price of the dollar and complying with the demands of the International Monetary Fund.
Argentine senate approves central bank chief
Argentine lawmakers have approved the 2003 budget and ratified the new central bank chief Alfonso Prat-Gay, helping President Eduardo Duhalde's efforts to secure an aid agreement with the International Monetary Fund.
Argentina confirms default of World Bank debt
Debt-ridden Argentina confirmed it has defaulted on its US$726 million payment due to the World Bank. The default was prompted by fears that payment could reduce central bank reserves to zero over the next few months.
Argentina's new central bank chief
Since the announcement on Monday that Alfonso Prat-Gay will take the helm as Argentina's central bank governor, CentralBankNet has found some little known facts about this new central banker.
Argentina names new central bank chief
Argentine President Eduardo Duhalde has selected economist Alfonso Prat Gay, a former adviser to the US bank JP Morgan, to head the country's central bank, according to the presidential chief of staff.
Argentine government eases banking freeze
President Eduardo Duhalde eased a 1-year-old partial banking freeze on Monday, allowing Argentines unfettered access to their checking and savings accounts.
Argentina claws its way back from the abyss
ARTICLE - In an interesting article former governor of the Central Bank of Argentina, Mario Blejer, looks at Argentina's recent progress in economic stability and looks at the future for the South American nation.
IMF Issues Press Statement on Argentina
PRESS RELEASE - Ms. Anne Krueger, First Deputy Managing Director of the International Monetary Fund (IMF), underlined outstanding problems to be resolved between the Fund and Argentina in a statement on 14 November.
Argentina defaults on World Bank loan
ARGENTINA - The Argentine government on Thursday took the extraordinary step of defaulting on a loan repayment to the World Bank, in a sign of its intense frustration over negotiations with the bank's sister institution, the International Monetary Fund.
Argentina and IMF at odds over payment
ARGENTINA - Argentina and the International Monetary Fund remain some distance apart in negotiations over an agreement that would make it easier to make a $805m debt payment due to the World Bank next week.
Argentine markets edge up, but worried about IMF
ARGENTINA - Argentine stocks inched higher, while the peso firmed slightly on Tuesday as the Central Bank sold dollars into the market to offset investor nervousness about a stalemate in aid talks with the IMF.
IADB chief praises Argentine crisis strategy
ARGENTINA - Inter-American Development Bank (IADB) President Enrique Iglesias on Tuesday praised Argentina's strategy to try and end its worst ever economic crisis, even though it has caused a standoff between the government and the IMF.
Argentina: World Bank extends loan deadline
ARGENTINA - World Bank President James Wolfensohn said the due date for a debt payment to the World Bank has been pushed back to 14 Nov from 9 Nov, Argentine Economy Minister Roberto Lavagna said in a Sunday newspaper interview.
Review of Argentina and the Fund: from triumph to tragedy
While Michael Mussa honestly recognises Fund failings, Benedict Mander finds his suggested tweaks for the system disappointingly conservative.