06-May-2026
Economy News
 
Fitch Upgrades Argentina to 'B-' on Milei's Economic Reforms
06-May-2026

Global ratings agency Fitch ?on ?Tuesday upgraded Argentina's long-term ?foreign currency and local currency issuer default rating ?to "B-" from "CCC+", with a stable outlook. • Fitch cited "improved fiscal and external balances, ?progress on economic reforms, improved ?prospects for FX reserve accumulation" and its expectation that its ?government ?will secure financing to cover its debt obligations.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-05/fitch-upgrades-argentina-to-b-on-mileis-economic-reforms