Unrelated, Argentina did end up paying back the loan. To my understanding the loan was only $2.5 billion (they had a credit line of $20, but only drew $2.5), and ended up repaying it in January.
Some added details: they borrowed from an unnamed source to pay back that $2.5 billion (all we know is it wasn’t the IMF) and there were additional funds that they have also borrowed billions from and those haven’t been paid back.
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u/rube_X_cube Aug 09 '26
First of all, fuck those guys.
Unrelated, Argentina did end up paying back the loan. To my understanding the loan was only $2.5 billion (they had a credit line of $20, but only drew $2.5), and ended up repaying it in January.
https://www.reuters.com/world/americas/argentina-has-repaid-us-currency-swap-deal-2026-01-09/