Article 3RWW5 Argentina agrees to $50bn loan from IMF amid national protests

Argentina agrees to $50bn loan from IMF amid national protests

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from Economics | The Guardian on (#3RWW5)

Outcry as country requests assistance from international lender after peso plummets

The International Monetary Fund has stepped in to shore up the Argentinian economy with a $50bn (37bn) loan agreement.

Argentina requested assistance from the international lender of last resort on 8 May after the peso weakened sharply in an investor exodus from emerging markets.

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