IMF mission to Argentina seeks account access bar

ARGENTINA - The IMF will hold up disbursement of 9.5 bln usd in aid unless the government denies bank depositors any access to their accounts, government officials said after a federal judge found the ban unconstitutional.

International Monetary Fund Managing Director Horst Koehler told central bank president Aldo Pignanelli that there will be no disbursement of moneys the IMF has earmarked for Argentina's economic recovery until the court system prevents bank depositors from withdrawing funds

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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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