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LatinNews Daily Report - 06 July 2012

Fernández re-requests “exceptional" BCRA funds

Development: On 5 July the central bank (BCRA) approved a request filed by the government led by President Cristina Fernández on 29 June last, asking for the transfer of AR$6bn (US$1.32bn) of international reserves for “ordinary expenditures” plus another US$4.165bn to meet foreign debt repayments.

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