Argentina Pays IMF With Yuan As Part Of Its Debt Payment
from The Countercurrents Collective, July 3, 2023 Argentina made its latest payment on its $44 billion-loan to the International Monetary Fund (IMF) using its stock of Special Drawing Rights (SDRs) and Chinese yuan, according to the Economy Ministry. The SDRs are an asset within the IMF created to supplement countries’ official reserves. According to government spokeswoman Gabriela Cerruti, the payment[…]
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