2023-08-04 11:31:59
Argentina will pay the International Monetary Fund (FMI) the US$ 765 million of the debt maturity that operates today, with funds from a loan from Qatar of special drawing rights (DEG), the currency used by the agency, announced this morning the Palacio de Hacienda.
This morning it was confirmed that Argentina will pay the IMF through Qatar, who will lend the SDRs (Special Drawing Rights) in his power for our country.
Argentine News might know that “Sergio Massa negotiated them directly with the economic team of Qatar in the most absolute secrecy”.
He today’s payment corresponds to interest on the original loan for US$45,000 million that the agency gave to Mauricio Macri.
Noticias Argentinas reported on August 2 that Being interest, the expiration cannot be postponed by the end of the month to match the expected disbursement of US$7.5 billion, as can be done with capital obligations.
“Charge payments cannot be lumped together, but we expect the authorities to continue to meet their financial obligations to the Fund, even in August,” a spokeswoman for the agency said.
Payment to the IMF: Hot dollar
He Dolar blue The black dollar traded in the City yesterday continued to rise and hit the value of the peso. the little trees they took the green currency to $577 and the Minister of Economy targeted the speculators.
At the close it cut positions and it was $570, ten pesos above the previous day. Thus, the blue dollar rises once more and touches a new nominal all-time high.
On Wednesday, the National Securities Commission modified the operation of financial dollars to avoid new arbitrations in the market. The informal dollar climbed more than $13 in four days. The gap with the official exchange rate remains above 100% and stands at 103%, reaching a new maximum since last May 30.
More Argentina’s maturity with the IMF
The next maturities that Argentina must face with the IMF are: September 21st US$923 million in principal amortization; 30th of October US$ 2,652 million in capital amortization; November 30 US$830 million of interest, and December 31 US$ 923 million in capital amortization.
With the disbursement that is expected within two weeks would cover the obligations until October.
For the rest of the maturities, it will depend on a possible disbursement in November in exchange for compliance with a series of requirements that will be known when the Board of Directors of the organization approves the Staff Level Agreement (SLA).
The gold of the Central Bank of the Argentine Republic
He The Central Bank had to deny yesterday that it is selling its gold reserves to deal with exchange rate uneasiness, following transcending a report in this regard from a financial consultant.
The BCRA said that its balance “reflects regular financial operations to improve the profitability of the reserves. These operations include all assets held by the BCRA and are audited internally and externally.
“In the case of gold, the BCRA maintains the same position in said metal,” the monetary authority said in a statement.
Argentine News Agencies and Télam
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