01
Jul
For the first time in history, Argentina paid the IMF a maturity of some US$ 2.7 billion this Friday using the yuan agreed with China, as announced by the Ministry of Economy. It is an atypical situation that clearly shows the difficulties that the country is going through to generate dollars. basically due to the cold export dynamics and the impact of the drought in the countryside. The IMF formally recognized the payment through a statement and described the Argentine situation as "challenging". "Technical discussions are on a package of policies to save economic stability, in the context of a…