The recent improvement in the credit rating of Argentina by Fitch and S&P could become a key tool to alleviate one of the main constraints of the economy: the need to use reserves of the Central Bank to face external maturities. Thus, a report of the Mediterranean Foundation, which emphasized that the change of note “will give more room for action” to correct one of the main criticisms of analysts in recent years, regarding the low percentage of…
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The recent improvement in the credit rating of Argentina by Fitch and S&P could become a key tool to alleviate one of the main constraints of the economy: the need to use reserves of the Central Bank to face external maturities. Thus, a report of the Mediterranean Foundation, which emphasized that the change of note “will give more room for action” to correct one of the main criticisms of analysts in recent years, regarding the low percentage of…