Back

LatinNews Regional Monitor: Brazil & Southern Cone - 27 June 2019

In brief: Argentina

* Argentina’s national statistics institute (Indec) has released its balance of payments report for the first quarter of 2019 which shows that the country’s foreign debt totalled US$275.8bn at the end of March this year. This is a US$2.1m reduction on the previous quarter, principally due to the reduction of the value in US dollars of debt issued in pesos (which accounts for 8% of total debt). However, Argentina’s stock of foreign debt has increased by US$22.9bn in the first quarter of 2019 compared with the same period last year. The majority of the debt (62%) is held in US dollars.

End of preview - This article contains approximately 106 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.