Argentina buys $808 million in drawing rights from US to pay IMF, media reports
ReutersFeb 2, 2026 2:13 AM
BUENOS AIRES, Feb 1 (Reuters) - Argentina bought $808 million in Special Drawing Rights (SDRs)from the U.S. Treasury to meet an interest payment to the International Monetary Fund (IMF), local newspaper La Nacion reported on Sunday.
The deal came after the U.S. provided essential financial assistance last year to avert a currency crisis in Argentina.
SDRs are an international reserve asset created by the IMF and based on a basket of major currencies.
Under ultraliberal Argentine President Javier Milei, the South American country has become a key ally of the government of U.S. President Donald Trump in the region.
Argentina's economy ministry did not immediately respond to a request for comment.
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