IMF Press Release

PRESS RELEASE - IMF Extends Argentina's SRF Repayment by One Year, 5 September.

The Executive Board of the International Monetary Fund (IMF) today approved a request from Argentina to extend by one year the repayment expectation of SDR 2.091 billion (about US$2.8 billion), which arises on September 9, 2002 under the Supplemental Reserve Facility (SRF).

The IMF approved financing for Argentina under the SRF as part of a stand-by credit on January 12, 2001 (see Press Release No. 01/3) to ease a

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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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