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Argentina Secures $808M for IMF Payments Amid Challenges

2/2/2026

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Summary

Story summary

Argentina purchased US$808 million in special drawing rights from the U.S. Treasury to cover International Monetary Fund (IMF) interest payments, a routine operation not signaling a new activation of the US$20-billion swap line.
Argentina faced a US$837 million payment due February 1.
The IMF program is in its second review, which could release additional US$1 billion.
U.S. Treasury Secretary Scott Bessent supported investor confidence amid challenges for President Javier Milei.

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Story summary

Argentina purchased US$808 million in special drawing rights from the U.S. Treasury to cover International Monetary Fund (IMF) interest payments, a routine operation not signaling a new activation of the US$20-billion swap line.
Argentina faced a US$837 million payment due February 1.
The IMF program is in its second review, which could release additional US$1 billion.
U.S. Treasury Secretary Scott Bessent supported investor confidence amid challenges for President Javier Milei.