IMF Press Release

PRESS RELEASE - IMF Approves Transitional Stand-By Credit Support for Argentina, 24 January.

The Executive Board of the International Monetary Fund (IMF) approved today an eight-month, SDR 2.17 billion (about US$2.98 billion) Stand-by Credit Arrangement for Argentina that is designed to provide transitional financial support through the period ending August 31, 2003, and which replaces Argentina's previous arrangement with the Fund (see Press Releases No. 01/37, No. 01/3 and No. 00/17). This

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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