Did US Tap Over $800 Million From IMF Reserves To Support Argentina’s Debt Payment? – Global X MSCI Argentina ETF (ARCA:ARGT), iShares MSCI Emerging Index Fund (ARCA:EEM)
The U.S. may have transferred over $800 million of its IMF reserves to Argentina, in a transaction that occurred just before a crucial debt payment. Argentina Taps US Swap to Repay IMF? The U.S. Treasury’s “special drawing rights” (SDRs) at the IMF, which can be used to pay off debts or exchanged for other currencies, decreased by $870 million…

