Moody's lowered its credit rating for Argentina by one step Monday, citing a sharp fall in the country's reserves and inconsistent economic policies. Moody's cut the rating to Caa1 from B3, putting it in the mid-range of "speculative" or junk bonds, and also lowered its outlook for Argentina to negative from stable -- a warning that it could face another downgrade.
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LEAD S. Korean firms offer aid for quake-hit IndonesiaMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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