Argentina repays $5.9 billion in debt
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(MENAFN - AFP) Argentina repaid 5.9 billion of its debt Monday in keeping with its repayment schedule, though a longstanding dispute with US hedge funds remains."The payment has been made on time. We have met our commitment with one of the largest repayments in about two decades," said central bank chief Alejandro Vanoli. The payment was made by drawing on the country's foreign exchange reserves, which showed a balance of 27.7 billion Monday.Since its economic collapse in 2001, Argentina, the third-largest Read more [...]