International Monetary Fund
Argentina: Holdings Rate
as of December 31, 1996

The holdings rate is the exchange rate of a member's currency against the SDR. The rate is derived from the currency's representative exchange rate, as reported by the central bank, normally against the U.S. dollar at spot market rates and rounded to six significant digits.

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(in SDRs per Currency unit)

Date Holdings Rate
 April 30, 1996            0.689629
 April 30, 1995            0.635715
 April 30, 1994            0.704598
 April 30, 1993            0.70679
 April 30, 1992            0.737057

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