Sovereign Analysis /

Argentina asks for IMF facility – reaction

    Stuart Culverhouse
    Stuart Culverhouse

    Chief Economist & Head of Fixed Income Research

    Tellimer Research
    8 May 2018
    Published byTellimer Research
    Argentina is asking for a flexible credit line (FCL) from the IMF, amounting to US$30bn, according to Bloomberg, which cited President Mauricio Macri’s TV address today. Argentina’s reserves are US$55bn.