Argentina’s bonds gained after the Central Bank unveiled a slew of measures aimed at helping the nation amass more hard-currency reserves, firepower the country needs to meet dollar debt payments. Officials said before that local currency bonds can now be purchased with US dollars and that the minimum time requirements for foreign investors to hold onto some Argentine bonds will be eliminated. The announcements form part of a broader strategy by President Javier Milei to bolster the country’s war-chest of foreign reserves just two months after scoring a multi-billion dollar agreement with the International Monetary Fund.
SOURCE: BUENOS AIRES TIMES
https://www.batimes.com.ar/news/economy/argentina-bonds-rise-on-new-measures-to-lure-dollars.phtml