Business & Finance
Moody’s Lifts Argentina Credit Rating in Fresh Boost to Milei
Key Points
Moody’s Lifts Argentina Credit Rating in Fresh Boost to Milei Moody’s Ratings upgraded Argentina’s credit score, giving the nation its third sovereign upgrade in less than three months and validating President Javier Milei’s economic overhaul plan. The South American nation was raised to B3 from Caa1, with a positive outlook. All three major credit-rating firms now rate Argentina above the highly distressed CCC/Caa category, a milestone for a country that spent years among the riskiest...
Moody’s Lifts Argentina Credit Rating in Fresh Boost to Milei
Moody’s Ratings upgraded Argentina’s credit score, giving the nation its third sovereign upgrade in less than three months and validating President Javier Milei’s economic overhaul plan.
The South American nation was raised to B3 from Caa1, with a positive outlook. All three major credit-rating firms now rate Argentina above the highly distressed CCC/Caa category, a milestone for a country that spent years among the riskiest sovereign borrowers in global markets.