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Government Discussing Options With IMF To Remove FX Controls

ARGENTINA
  • IMF, ARGENTINA DISCUSSING PATHS TO UNWIND FX CONTROLS: VALDES (BBG)
  • IMF Western Hemisphere Director Rodrigo Valdes said that Argentina and the IMF are discussing options to unwind a suite of FX controls.
  • Any unwinding of controls will need to be considered carefully he said, taking into account the economy's imbalances and reserves buffer.
  • The Argentine government is also working to complete the 8th review of the existing $44bn IMF loan programme.

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