MilHojas
Registered
- Joined
- Oct 9, 2007
- Messages
- 1,341
- Likes
- 989
Government postpones local debt payments due in dollars until end of year
The government has issued a decree to defer close to US$9.8 billion in local dollar-denominated debt payments until 2021.
www.batimes.com.ar
Argentinean currency rating is downgraded to "Restricted Default" by multiple companies
S&P Joins Fitch, Moody's in Downgrading Argentina Amid Coronavirus Crisis
S&P Global Ratings downgraded Argentina on Tuesday, marking the third agency to knock down its sovereign credit rating in less than a week as the coronavirus crisis further complicates the economic outlook of the indebted South American nation.
www.nytimes.com