RIO DE JANEIRO, BRAZIL - Moody's agency sovereign risk rating indicated that Argentina is at risk of defaulting again on its sovereign debt and having a significant exchange rate jump.
Moody's chief sovereign risk analyst for Argentina, Gabriel Torres, said in a virtual press conference that inflation will rise in 2022 and that the agreement with the International Monetary Fund (IMF) is a "necessary but not sufficient" measure to recover credibility.
After an annual event of the rating . . .