Story perspectives
Argentina's Risk Rating Hits Lowest Since 2018 Amid Recovery
1/7/2025
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Story summary
- Argentina's country risk rating fell to 578 points, the lowest since August 2018.
- This decline resulted from a US$1-billion repurchase agreement by President Javier Milei’s administration.
- Domestic bonds strengthened due to guaranteed debt repayments and upcoming funding.
- Argentina plans to pay US$4.3 billion in principal and interest next Thursday.
- JP Morgan's report suggests prospects for economic recovery and lower inflation.
