Fitch Affirms Buenos Aires Ratings

Fitch Affirms Buenos Aires Ratings

Fitch has affirmed the City of Buenos Aires with a stable outlook. The agency leaves the ratings of the city’s euro medium-term note program and long-term foreign and local currency at B. The ratings, says Fitch, reflect strengths in the city’s credit profile, including its large and diversified economy, an adequate liquidity position, sustainable debt levels and manageable debt-service repayment schedule. Also reflected is the city’s financial flexibility which is due to a majority portion of

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