Agency cuts foreign currency rating to “C” from “CCC-” following debt withdrawal announcement

Finance representatives who met with the minister voiced support for the measure

The president also called the Brazilian Central Bank’s current interest rate is “irresponsible”

The economy ministry’s measures come after the blue-chip swap rate broke records

The IMF board is expected to approve a U$S 5.3 billion disbursement next week

They spoke during the Inter-American Development Bank’s annual meeting in Panamá

Faced with a historic drought and a dire international financial landscape, consulting firms expect more capital controls.

Government fears “flight of more pesos to the dollar”: sources

According to the INDEC, destitution threshold was AR$80,000 for a family of four