European monetary officials were meeting this weekend to discuss the problem.
Market participants largely focused on this weekend's meeting in Washington of monetary officials from seven leading economies.
Otherwise, he said, the monetary officials will hold the line until next month.
The figure provided further evidence of the economic growth that monetary officials now want to restrain.
Over the last few weeks monetary officials have sounded increasingly worried about rising prices.
Argentina could draw those funds next month, monetary officials reported.
But monetary officials from several countries said at the meeting that the plan as outlined was still too vague to evaluate.
But international monetary officials said the Swiss had acted on their own.
American and international monetary officials contended that otherwise the money would do the country no lasting good.
This has concerned monetary officials, who had managed to keep the pound below 3 marks until early March.