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Argentina faces a critical first quarter 2022: low net reserves and high debt maturities

RIO DE JANEIRO, BRAZIL - With the agreement with the IMF delayed and few certainties on the horizon, Argentina faces a critical first quarter: with net reserves of around US$2.5 billion and maturities for US$3.9 billion between now and March, the Government enters discount time to obtain foreign currency and shorten the time with the multilateral organization.

According to the consulting firm EcoGo, 2021 closed with net reserves, which the Central Bank can effectively use, for US$2.4 billion.

During the year, despite the US$5 billion bought in the Single and Free Exchange Market (MULC . . .

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