Argentina Finalizes $20 Billion IMF Agreement and Lifts Currency Controls

Reported 6 days ago

Argentina has finalized a $20 billion deal with the IMF, coinciding with significant policy changes including the removal of longstanding currency controls. This agreement involves an initial disbursement of $12 billion by next week and aims to enhance economic stability and attract further investments. Despite these optimistic moves, concerns over economic risks and potential volatility amidst an upcoming electoral cycle remain.

Source: YAHOO

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