BUENOS AIRES, Argentina (AP) - Argentina will pay its entire US$6.7 billion debt to the Paris Club of lending nations, President Cristina Fernandez said Tuesday, shoring up sagging investor confidence and opening the door to needed new capital as its economy slows.
The payment, which will tap about a sixth of the country's US$47.1 billion in foreign currency reserves, "confirms one more time Argentina's willingness to meet its international obligations,'' Fernandez told a news conference.
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