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A renowned international consultant has stated that The Argentine economy is "weak" and that the current landscape is characterized by "uncertain" policies. In addition, he highlighted the difficult situation in which domestic firms were located.
The risk agency Moody & # 39; s He warned that a "fragile economy and uncertain public policies" in the future of Argentina would increase the credit risks of corporate issuers at least until mid-2020. the financing costs, adds the report.
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The dollar closed at $ 46.46
In this sense, the paper indicated that the temporary economic recovery of Argentina until 2020 would benefit moderately to the growth and margins of the consumer sector businesses, although this sector remains highly vulnerable to currency shocks potential.
However, Moody's also said that Argentine companies "remained vulnerable" to the electoral landscape and an uncontrollable economy in its key variables.
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