Moody’s Says It May Cut Argentina’s Debt Rating, Clarin Says
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Moody’s Investors Service may cut
Argentina’s debt rating because of the government’s
unpredictable policies, newspaper Clarin reported, citing
Moody’s analyst Gabriel Torres.
Argentina’s B3 rating, six levels below investment grade,
may be cut further to a level similar to Cuba’s, the Buenos
Aires-based newspaper said, citing Torres.
The company has a negative outlook on Argentina because of
its accelerating inflation, foreign exchange restrictions, the
government’s use of pension Read more [...]