Tag : Argentina

Business

Argentina settles U.S. Treasury swap obligation in full

omandailynews.com
MENA Newswire, BUENOS AIRES: Argentina has repaid the United States $2.5 billion that it drew under a short term currency swap credit line from the U.S. Treasury, completing the repayment by the end of December 2025, according to statements from U.S. and Argentine authorities. The repayment closes out Argentina’s use of......
Business

IMF to cut surcharges for member countries starting November 1

omandailynews.com
The IMF has reduced member borrowing costs by 36%, cutting annual surcharges by $1.2 billion. Five countries, including Argentina and Egypt, will benefit from the new policy starting November 1....