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Reuters
Reuters
Business

IMF says Argentina to delay payment within rules, remains current

Argentina International Monetary Fund the International Monetary Fund
FILE PHOTO: A man walks past the International Monetary Fund (IMF) logo at its headquarters in Washington, U.S., May 10, 2018. REUTERS/Yuri Gripas

The International Monetary Fund said on Tuesday Argentina informed the IMF it will merge two payments due this week into a single payment of about $2.7 billion on March 31.

The fund said via a spokesperson that Argentina's decision does not require board approval and is consistent with IMF rules, so Argentina remains current in payments.

(Reporting by Rodrigo Campos; Editing by Chris Reese)

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