Argentina’s central bank rolled out a broad package of economic measures to boost reserves, including a repurchase agreement, or repo, of up to $2 billion. The move comes ahead of an expected review with the International Monetary Fund of the country’s recently signed $20 billion loan agreement. Argentina agreed with the IMF to strengthen its net foreign exchange reserves by $4.4 billion by the first review of the program, and has said it will not purchase dollars locally to do so.
SOURCE: YAHOO FINANCE
https://uk.finance.yahoo.com/news/argentina-launches-2-billion-repurchase-214346551.html