Investors welcome Argentina IMF deal, unsure on FX policy

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Investors welcome Argentina IMF deal, unsure on FX policy

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

The IMF and Argentina’s announcement of a new improved financing package came after markets closed on Wednesday, but bond investors say it can be positive for the country's sovereign bonds.

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