'We are closely following recent developments in Argentina and are in ongoing dialogue with the authorities,' said an IMF spokesperson.
The International Monetary Fund said in a statement Tuesday that it would"soon" send a team to Argentina. The statement came after the new economy minister said the government would do everything possible to stabilize the currency, following the August 11 primary-election result that rocked domestic markets. The IMF had planned to visit Argentina this week to complete a review as part of its disbursement process for the $56 billion loan with the country. Read more on Markets Insider.
The International Monetary Fund said in a statement Tuesday that it would"soon" send a team to Argentina. The statement came after the new economy minister said the government would do everything possible to stabilize the currency, following the August 11 primary-election result that rocked domestic markets. The IMF had planned to visit Argentina this week to complete a review as part of its disbursement process for the $56 billion loan with the country. Read more on Markets Insider.
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