Argentina’s EMBI index, which measures the possibility of a country defaulting on its debt, ticked down to 984 basis points on Friday. It’s the first time the indicator has been below 1,000 points since August 2019. Analysts said the drop was due to the government securing a somewhat stable macroeconomy and international lending institutions securing loans for the country.
October 25, 2024
SOURCE: BUENOS AIRES HERALD
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