Argentina has to pay around $39 bn to private creditors next year

Argentina has roughly $39.3 billion in interest and principal denominated in pesos and dollars coming due to private creditors next year, according to government data. The country wants to continue making debt payments while it renegotiates with its creditors in the coming months, said the presidente of the central bank (BCRA) Miguel Angel Pesce. He added that what the Government “doesn’t want during this negotiation period for some maturity to end up provoking an unwanted default”.

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Source: Buenos Aires Times

Categories: Macroeconomy/Finance