Sunday, 7 June 2020

Tag Archives: default risk

Fitch, Standard & Poor downgrade Argentina debt as default risk grows

BUENOS AIRES: Ratings agencies Fitch and Standard & Poor’s downgraded Argentina’s sovereign debt rating, flagging higher chances of a default in the wake of a shock primary election result that plunged the country into its latest economic crisis. Argentine markets were in free-fall for most of the week after Sunday’s ...

Read More »