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Minister Alfonso Prat-Gay takes part in meetings with the IMF and the World Bank, shortly after the end of the default.. The Argentine debt restructuring is a process of debt restructuring by Argentina that began on January 14, 2005, and allowed it to resume payment on 76% of the US$82 billion in sovereign bonds that defaulted in 2001 at the depth of the worst economic crisis in the nation's ...
1 year bond The 2018–present Argentine monetary crisis is an ongoing severe devaluation of the Argentine peso , caused by high inflation and steep fall in the perceived value of the currency at the local level as it continually lost purchasing power, along with other domestic and international factors.
In 2006, Argentina re-entered international debt markets selling US$500 million of its Bonar V five-year dollar denominated bonds, with a yield of 8.36%, mostly to foreign banks, and Moody's boosted Argentina's debt rating from B− to B. [152] In early 2007 the administration began interfering with inflation estimates. [clarification needed] [153]
(Bloomberg) -- Argentina’s move to delay a $1.4 billion local bond payment this week hardly made a ripple in the broader world of global investing, with most outsiders seeing it as a sideshow ...
Country Date Type, causes, consequences, and references China 1921 [2]1932 [2]1939 [2] Indonesia 1966 [6] Japan 1946–52: Due to an over-issued national bond amounting to more than twice as GDP, bank accounts were blocked.
Argentina said on Tuesday it would launch a voluntary debt swap for some 1.5 trillion Argentine pesos ($9.4 billion) of payments coming due as it looks to ease a year-end repayment crunch and ...
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Argentina's annual inflation rate fell to 117.8 percent in 2024, marking a significant drop of 93.6 points compared to the record 211.4 percent inflation rate of 2023. The sharp decline signals a ...