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Argentina, IMF reach deal to salvage debt program, unlock key funds

Argentina, IMF reach deal to salvage debt program, unlock key funds

By Jorge Otaola and Eliana Raszewski BUENOS AIRES (Reuters) -Argentina and the International Monetary Fund (IMF) finalized the details of an agreement over the country’s embattled $44 billion loan program, unlocking a more-than-expected $4.7 billion, the fund said on Wednesday. “Understandings were reached on a strengthened set of policies to restore macroeconomic stability and bring…

Analysis-China’s policy dilemma: is boosting credit deflationary?

Analysis-China’s policy dilemma: is boosting credit deflationary?

2/2 © Reuters. Vehicles drive through Beijing’s central business area, China April 23, 2018. REUTERS/Jason Lee/File Photo 2/2   USD/CNY +0.10% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200…