Moody’s Frets Over Argentina

Oct 24, 2008

Argentina's key underlying rating constraints are exacerbated by its proposal to end the private pension fund system, says Moody's. "Although the proposal, if approved, would provide the government with greater financial flexibility in the short term, it undermines the government's already weak policy credibility and adds to...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management