1.

1). $57 billion2). $60 billion3). $40 billion4). $28 billion

Answer»

Argentina has received the biggest loan package ever from the International Monetary Fund (IMF). The loan amount of $57 BILLION will be disbursed over the next 3 years. The aim is to restore the Argentina's struggling economy. As per the loan agreement, IMF will only ALLOW Argentina’s CENTRAL bank to intervene to stabilize its currency if the peso depreciates below 44 pesos to the dollar.



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