Argentina Secures $808 Million in IMF Reserve Assets to Meet Debt Obligation

Argentina has purchased $808 million in Special Drawing Rights (SDRs) from the U.S. Treasury to fulfill an upcoming interest payment to the International Monetary Fund, according to a report by Argentine newspaper La Nacion. The move highlights the country’s continued reliance on international financial mechanisms to manage its external obligations amid ongoing economic restructuring.

SDRs are international reserve assets created by the IMF and valued based on a basket of leading global currencies. Governments use them to bolster foreign exchange reserves or settle financial commitments with the Fund. Argentina’s latest transaction comes after the United States extended key financial support last year that helped the South American nation avoid a deeper currency crisis during a period of severe market instability.

Under President Javier Milei, Argentina has strengthened ties with Washington, positioning itself as a close regional partner of U.S. President Donald Trump. The Argentine economy ministry has not yet issued an official statement on the reported SDR purchase, but the development signals ongoing coordination between Buenos Aires and U.S. financial authorities as Argentina navigates its debt and stabilization strategy.

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