The Argentine Ministry of Economy urged national public entities to dispose of their dollar securities under foreign law for bonds in local currency to strengthen the Central Bank's reserves, for a value of about US$4 billion.
"Today we began to give depth to the local law dollar bond market, starting with the purchase of global bond holdings of public entities, which will allow lowering the [global] foreign law public debt by some US$4 billion initially", explained the Deputy Minister of Economy, Gabriel Rubinstein.
The 113 public entities of the State will have to get rid of their . . .
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