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Montevideo, December 22nd 2024 - 22:43 UTC

Tag: Argentina B rating

  • Saturday, August 3rd 2019 - 07:19 UTC

    S&P retained its 'B' rating for Argentine debt

    Argentina's current economic downturn began with a currency run in April 2018 that led the Macri government to request a loan with the IMF.

    Standard & Poor's (S&P) confirmed it would maintain its 'B' rating for Argentine debt, highlighting that the president Mauricio Macri administration was continuing to meet the goals laid out by the International Monetary Fund (IMF) as part of the huge credit line agreed last year.