Argentina pleases markets with giant IMF programme

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Argentina pleases markets with giant IMF programme

Argentina, IMF, protests, LatAm
May 16, 2018 - Buenos Aires, Buenos Aires, Argentina - Protest against the agreement with the IMF and raise rates in public services. Social organizations held a protest in downtown Buenos Aires. (Credit Image: © Claudio Santisteban via ZUMA Wire) | Claudio Santisteban/Zuma Press/PA Images

Market analysts said that Argentina’s $50bn IMF programme — which one strategist thought to be the largest ever provided by the fund — had surpassed all expectations, with bonds rallying lightly last Friday.

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