Moody’s doubts 'voluntary' Arg restructuring as currency controls return
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Emerging MarketsEM LatAm

Moody’s doubts 'voluntary' Arg restructuring as currency controls return

Hernan Lacunza, Argentina, finance minister, LatAm

Moody’s said on Friday that it was placing “little weight” on the suggestion that a debt restructuring in Argentina would be voluntary. Sunday’s announcement of currency controls from the central bank showed how bad the situation had become.

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