Argentina loses U.S. appeal in $1.33 billion bondholder fight


NEW YORK (Reuters) - Argentina on Friday lost its appeal of a U.S. judge's order requiring it to pay $1.33 billion (£854.15 million) to hedge funds that refused to go along with two of the country's debt restructurings.

But the 2nd U.S. Circuit Court of Appeals delayed implementing its decision pending a ruling by the U.S. Supreme Court, postponing resolution for up to a year or more and giving relief to worried investors.

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