Home » Posts tagged with "DBRS Incorporated"
Argentina credit rating announced as economy booms
Rating agency DBRS Incorporated has upgraded its ratings on Argentina´s long-term foreign and local currency securities to “B” from “B (low)”.
According to the international report, strong growth in neighboring Brazil -Argentina’s main trade partner- and highly favorable world agricultural commodity prices have led to a strong recovery in 2010-2011 GDP growth.
However, the Canadian...