Argentina's Country Risk Plummets to 8-Year Low: 425 Basis Points
Argentina's country risk indicator has reached its lowest level since April 2018, hitting 425 basis points. This remarkable drop is driven by S&P's upgraded credit rating from CCC+ to B-, combined with strong financial backing from the World Bank and IDB. May inflation stands at 2.1%, while the Central Bank has accumulated USD 10.6 billion in net foreign currency purchases.









