Moody’s

Argentina's Long-Term Debt Rating Gets a Boost from Moody's

Argentina’s Long-Term Debt Rating Gets a Boost from Moody’s

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On Thursday, Moody’s elevated Argentina’s long-term debt rating by two notches, moving it from Caa3 to Caa1. However, it continues to reside within the speculative category, as indicated by the risk rating agency’s statement. The agency referenced macroeconomic reforms that have contributed to a reduction in inflation and a resurgence in growth as the basis … Read more

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Fitch has upgraded Argentina’s debt, providing a fresh boost for Milei

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Fitch Ratings has upgraded Argentina’s credit rating, highlighting the nation’s efforts to eliminate currency controls and its achievement in obtaining multilateral funding. The ratings agency elevated the South American country’s status by one level to CCC+, placing it seven tiers into junk territory and aligning it with Ecuador and Sri Lanka, as stated in a … Read more