Argentine peso opens down 1.9 percent as traders eye IMF talks

11 May, 2018

Argentina requested a "high access stand-by arrangement" from the IMF earlier this week after the peso weakened to all-time lows. After meeting with Treasury Minister Nicolas Dujovne, IMF Managing Director Christine Lagarde said on Thursday that both hoped to "reach a rapid conclusion to these discussions.

Copyright Reuters, 2018

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