Argentina Said to Win Lagarde Reprieve on Data Sanctions

Argentina, the first International Monetary Fund member to be censured for misreporting economic data, would escape sanctions by the lender under a recommendation by Managing Director Christine Lagarde, according to two IMF board officials.

Mexico Peso Falls as U.S. Debt Stalemate Stokes Growth Concern

Mexico’s peso fell for the first time in four days as speculation that U.S. lawmakers will miss a deadline to raise the nation’s debt limit rekindled concern that economic growth will slow in the country’s top export market.

China Leads Nations Boosting IMF’s Firewall to $456 Billion

Emerging-market nations including China and Brazil formalized funding pledges to the International Monetary Fund, helping to almost double its lending power to protect the world economy from Europe’s debt turmoil.