The World Bank to announce a $ 12 billion financing package for Argentina, the source says

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WASHINGTON (Reuters) – A source for the expected approval of the Argentina loan worth $ 12 billion, which is known as the knowledge of the plan.

A second source said after the Argentine Central Bank announced on Friday that it will reduce the controls of its foreign exchange market, allowing the pyseo to fluctuate the central bank in Argentina on Friday that it will reduce the controls of the foreign currency exchange market, allowing the bizo to flip it freely between 1000 and 1400 bizo per dollar.

The transition to the demolition of strict controls of Argentina’s capital was seen as a prerequisite for canceling new financing from institutions, which is expected to be announced with the approval of the International Monetary Fund.

(Participated in the reports of Andrea Challe, written by David Lauder; edited by Diane Kraft)



https://media.zenfs.com/en/reuters-finance.com/b089dbff11defa29e58ade2685c8ba9c

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