The Government received USD 12 billion from the IMF and the BCRA's reserves increased.

The Government received USD 12 billion from the IMF and the BCRA's reserves increased.
Javier Milei, President of Argentina

Most read in Argentina

Kirchnerism wants to force all Argentinians to verify their identity to use the internet

  1. National Lottery: all the winning numbers from Saturday, November 7

  2. 'Godzilla Minus Zero' achieved a record opening and exceeded expectations at the box office

  3. Spain: PP and Vox would reach an absolute majority in Congress, according to polls

  4. A psychograph by Parravicini from 1972 anticipated the meeting of Milei with Pope Leo XIV

Imagen de Editorial Team
porEditorial Team
Argentina

The IMF transferred 60% of the total agreed amount, which amounts to USD 20 billion, in an initial currency disbursement

Add La Derecha Diario on
Share:

The Central Bank of the Argentine Republic (BCRA) received a disbursement of USD 12 billion from the International Monetary Fund (IMF) this Tuesday, which brought the gross reserves to a total of USD 36.799 billion, according to the monetary entity.

On the second day of operation of the new exchange rate scheme of floating within bands, the exchange rate remained stable around $1,200, located at the center of the free fluctuation range. The BCRA once again stayed out of the market without intervening.

This disbursement for the Government of Javier Milei is part of the new agreement approved last Friday, through which Argentina currently concentrates about 50% of the total credits granted by the IMF worldwide.

With the approval of the program, the IMF transferred 60% of the total agreed amount, which amounts to USD 20 billion, in a first currency transfer. The Ministry of Economy committed to using these funds to repurchase Non-Transferable Letters held by the Central Bank, with the aim of improving its balance sheet.

La Derecha Diario on X

  1. EL PAPA LEÓN XIV DEFENDIÓ A LOS EMPRESARIOS ANTE JAVIER MILEI: Durante su visita a la Argentina, el sumo pontífice destacó el papel de quienes invierten su capital, generan puestos de trabajo y arriesgan su propio patrimonio para crear riqueza. "La vocación empresarial es una noble tarea".

    4 min ago

  2. ☢️ | PP Y VOX PROPONEN RELANZAR LA ENERGÍA NUCLEAR EN ESPAÑA Los planes de gobierno de los partidos de Alberto Núñez Feijóo y Santiago Abascal coinciden en eliminar el calendario de cierre de las centrales nucleares impulsado por Pedro Sánchez y apostar por la energía atómica para garantizar el suministro eléctrico y reducir la dependencia energética del país.

    24 min ago

  3. PP Y VOX PROPONEN UN FUERTE CONTROL MIGRATORIO EN ESPAÑA Los planes de gobierno de los partidos de Alberto Núñez Feijóo y Santiago Abascal coinciden en establecer visados por puntos y cupos anuales de inmigración laboral, prohibir las regularizaciones masivas e indiscriminadas y deportar a los extranjeros condenados por delitos graves o reincidentes.

    34 min ago

  4. URGENTE — EL PAPA LEÓN XIV DEFENDIÓ AL CAPITALISMO Y A LOS EMPRESARIOS DESDE LA ARGENTINA DE MILEI: "Los empresarios creadores de puestos de trabajo con su capital, arriesgan tantas veces el propio patrimonio, porque es imposible crear riqueza en un país sin implicarse personalmente, sin asumir la incerteza que produce el futuro, cuyos parámetros se escapan por completo de nuestro control". "La vocación empresarial es una noble tarea si se orienta por el principio de la función social de la propiedad y del capital".

    44 min ago

La Derecha Diario logo
TwitterInstagramYouTubeTikTokFacebook
Derecha Diario TV

Nosotros

  • Quienes Somos
  • Autores
  • Donar

Privacidad

  • Protección de datos
  • Canales
  • Sitemap
  • RSS

Contacto

  • info@derechadiario.com.ar
PUBLICIDAD
La Derecha Diario logo
ESX logoInstagram logoYouTube logoTikTok logoFacebook
ARGENTINAUNITED STATESECUADORISRAELMEXICOURUGUAY
ARGENTINAUNITED STATESECUADORISRAELMEXICOURUGUAY
DERECHA DIARIO TV
  • ES
    XInstagramYouTubeTikTokFacebook
  • DERECHA DIARIO TV
  • Sections
  • ARGENTINA
  • UNITED STATES
  • ECUADOR
  • ISRAEL
  • MEXICO
  • URUGUAY
  • Countries
  • La Derecha Diario logoLA DERECHA DIARIO
  • La Derecha Diario México logoLA DERECHA DIARIO MÉXICO
  • La Derecha Diario Uruguay logoLA DERECHA DIARIO URUGUAY
  • La Derecha Diario Ecuador logoLA DERECHA DIARIO ECUADOR
  • La Derecha Diario Israel logoLA DERECHA DIARIO ISRAEL
  • La Derecha Diario Estados Unidos logoLA DERECHA DIARIO ESTADOS UNIDOS
  • Topics
  • GUERRA EN IRÁN
  • The Newspaper
  • QUIENES SOMOS
  • AUTORES
  • PUBLICIDAD
  • DONAR

Related news

Esteban Ocon broke the silence after his departure from Haas and left a message about his future in Formula 1

Esteban Ocon broke the silence after his departure from Haas and left a message about his future in Formula 1

Milei's La Libertad Avanza leads the voting intention and surpasses Peronism by more than 25 points

Milei's La Libertad Avanza leads the voting intention and surpasses Peronism by more than 25 points

Neymar spoke again about his possible retirement: "If you had my knee, you would understand"

Neymar spoke again about his possible retirement: "If you had my knee, you would understand"

All set for Lionel Scaloni's renewal with the Argentine National Team: how and when it will be announced

All set for Lionel Scaloni's renewal with the Argentine National Team: how and when it will be announced

The mass of Pope Leo XIV in Buenos Aires was the most attended of his pontificate

The mass of Pope Leo XIV in Buenos Aires was the most attended of his pontificate

Brazil expects a record summer of Argentine tourists following the devaluation of the real caused by Lula da Silva

Brazil expects a record summer of Argentine tourists following the devaluation of the real caused by Lula da Silva

Datos del Banco Central.
Datos del Banco Central.

These are titles issued in dollars, but with a market value lower than their nominal value. According to private estimates, the stock of this type of instruments reaches USD 70 billion.

The plan outlined with the Fund foresees that, in a period considered as "immediate"—less than 60 days—, in addition to the USD 12 billion from the IMF, the country will receive another USD 1.5 billion from multilateral organizations such as the World Bank, the IDB, and the CAF, which also committed financial support. This will be added to an expansion of the Repo loan granted by international banks to the BCRA, for an additional amount of USD 2 billion.

Javier Milei y Luis Caputo.
Javier Milei y Luis Caputo.

"With the immediate recapitalization of the Central Bank thanks to the funds from the agreement, although the reserve accumulation target could be considered demanding (given that there are adjusters from international organizations and the IMF disbursements are not considered), the entity's firepower is strongly reinforced. Even more so, entering the thick harvest season," concluded a report from Fundación Capital.