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LatinNews Daily - 7 May 2025

In brief: IMF funds used to settle Argentina debt

*Argentina’s central bank (BCRA) has announced that the economy ministry has used US$12bn from the new agreement with the International Monetary Fund (IMF) to repurchase US dollar loans (known as Letras Intransferibles) held by the BCRA. According to the BCRA these were due to mature on 1 June 2025 and 29 April 2026, while a further bond due to mature on 3 April 2029 has been partially paid off.

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