# Argentina: Second Review Under the Stand-By Arrangement; Financing Assurances Review; and Request for Modification of Performance Criterion—Press Release; and Staff Report in: IMF Staff Country Reports Volume 2018 Issue 374 (2018)

> The IMF completed the second review of Argentina's stand-by arrangement and approved a request to modify a performance criterion. The staff report covers stabilisation, fiscal discipline, inflation and debt sustainability.

- Date: 2018-12-19 · published 2018-12-19T12:00:00.000Z
- Category: policy · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/61829-argentina-second-review-under-the-stand-by-arrangement-financing-assurances
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md)

## Why it matters

IMF program approval supports confidence in the peso and reduces near-term default risk, which can stabilise Argentine currency and export flows for soy meal and oil.

## Read by commodity

- USDARS: bearish ▼

## Sources

- elibrary.imf.org: https://www.elibrary.imf.org/view/journals/002/2018/374/article-A001-en.xml

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.