<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
077 Q010000 N
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086 A010000 0
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SIGNATURE THOMAS F. MCDONOUGH
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from The
Argentina Fund, Inc. Semiannual Report for the fiscal period ended April 30,
1995 and is qualified in its entirety by reference to such financial statements.
</LEGEND> <SERIES>
<NUMBER> 0
<NAME> THE ARGENTINA FUND, INC.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-START> NOV-01-1994
<PERIOD-END> APR-30-1995
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</TABLE>
