Argentina Awaits Data Before Seeking to Renegotiate IMF Targets

Argentine officials are waiting until the end of the year to determine whether to renegotiate any terms of a $20 billion agreement with the International Monetary Fund, including targets on foreign reserves, according to a person with direct knowledge of the matter.

While a report late Friday from newspaper La Nación cited the central bank president as saying Argentina would seek to renegotiate reserve requirements, the person said no decision has been made yet.