S&P downgrades Argentina's rating in local currency

Thursday, March 14th 2024 - 19:29 UTC

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Despite Argentine President Javier Milei's stringent measures to curb inflation, his country took another slump Wednesday after the international credit rating agency Standard & Poor's (S&P) declared it in “Selective Default” following a domestic debt swap worth some U$S 55.3 billion in pesos with local creditors. Read full article

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imoyaro
C'est axiomatique !!
Mar 16th, 2024 - 08:05 pm - Link - Report abuse 0
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