Category Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

Moody’s raises Argentina’s ranking for the primary time in 5 years

(Reuters) – Rankings company Moody’s (NYSE:MCO) on Friday raised Argentina’s long-term overseas forex sovereign credit standing to “Caa3” from “Ca”, citing the federal government’s forceful coverage shift that has helped deal with financial challenges and stabilize exterior funds. Argentina achieved…