IMF confirms Argentina visit as bonds stabilise

Argentina, Latin America
By Oliver West
21 Aug 2019

Argentine sovereign bonds closed broadly flat on Tuesday as the central bank governor and new finance minister appeared to say the right things to appease markets and the IMF confirmed it would visit the country soon.

Gerry Rice, an IMF spokesperson, said in a statement on Tuesday that the fund had been “closely following” recent developments in Argentina, after the market turmoil that followed Mauricio Macri’s heavy defeat in presidential primaries on August 11. 

The IMF is in “ongoing dialogue with the authorities as they ...

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