Fitch Downgrades Argentina’s FC IDR to ‘RD’

Fitch Ratings downgrades Argentina’s ratings as follows: — Foreign Currency Issuer Default Rating (IDR) to ‘RD’ from ‘CC’; — Short-Term Foreign Currency Issuer Default Rating to ‘RD’ from ‘C’ — Local Currency IDR to ‘CCC’ from ‘B-‘; — Discount Bonds issued under Foreign Law to ‘D’ from ‘CC’;…

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