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China central bank set to cut key rate, boost liquidity Monday to aid economy

China central bank set to cut key rate, boost liquidity Monday to aid economy

© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/File Photo   USD/CNY -0.06% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type:…

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…