IMF to ship $5.4 billion to Argentina under standby loan deal
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BUENOS AIRES (Reuters) - The International Monetary Fund board said on Friday it would ship $5.4 billion (£4.3 billion) in cash to Argentina after approving a fourth review of a standby credit deal with the crisis-stricken South American nation.The latest instalment is part of a $57 billion IMF financing agreement approved last year that included unpopular spending cuts that have hammered households and businesses already struggling with recession and high inflation."The Argentine authorities..