Argentina Said to Seek $10 Billion in Loans From Wall Street

  • Loans would be repaid by the monetary authority in a year
  • Argentine newspaper La Nacion reported talks earlier

Argentina’s President Mauricio Macri.

Photographer: Eitan Abramovich/AFP via Getty Images

Argentina’s President Mauricio Macri has kicked off talks with several Wall Street banks for $5 billion to $10 billion of loans in a bid to shore up central bank reserves, according to two people with knowledge of the matter.

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