the Context

Economy of Argentina

President of Argentina Mauricio Macri announces talks with the International Monetary Fund on financial support for the country's economy. The Central Bank of Argentina interest rate is now at 40%, inflation at 25% and the value of the Argentine peso at a record low.

Talks are due to start on Wednesday, 17 years after the country defaulted on its debts.

  1. BBC
Argentina seeks IMF aid 'to avoid crisis'