After making a $2.2 billion debt payment this month, central bank reserves fell to $45.1 billion yesterday from as high as $47.6 billion on May 17

Autor: esteban Datum: Gestern, 11:23

After making a $2.2 billion debt payment this month, central bank reserves fell to $45.1 billion yesterday from as high as $47.6 billion on May 17. The government needs to accumulate reserves to be able to tap about $5.7 billion for debt payments this year. Fernandez used $6.6 billion of reserves in 2010 and $7.5 billion in 2011 to make debt payments.  [Bloomberg]