International Monetary Fund
Argentina: Reserve Tranche Position
from January 01, 2004 to December 31, 2004

In exchange for the reserve asset portion of its quota payment, an IMF member acquires a liquid claim on the IMF much like a demand deposit in a commercial bank. This claim is called the member's Reserve Tranche Position, and it is equal to the member's quota minus the IMF's holdings of the member's currency (excluding currency holdings that stem from the member's own use of credit). The reserve tranche position is part of the member country's external reserves.


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(in SDRs)
Date SDR Amount
 December 31, 2004         155,031
 November 30, 2004         155,031
 October 31, 2004         111,065
 September 30, 2004         111,065
 August 31, 2004         103,737
 July 31, 2004         91,524
 June 30, 2004         91,524
 May 31, 2004         79,311
 April 30, 2004         74,426
 March 31, 2004         69,209
 February 29, 2004         63,992
 January 31, 2004         63,992

Disclaimer
The information provided is for your convenience and is not intended to replace other official IMF reports and statements.

Argentina: Financial Position in the Fund