Events | 2010.01.11
Fitch: Institutional Conflict Could Carry Negative Implications for Argentina's Creditworthiness
NEW YORK--(BUSINESS WIRE)--The escalated conflict between Argentina\'s President Cristina Fernandez\'s government and Central Bank President Martin Redrado has generated uncertainty, which if prolonged, could further undermine the sovereign\'s monetary, fiscal and overall institutional credibility, according to Fitch Ratings. \'Continued erosion of macropolicy credibility and heightened political tensions could eventually carry negative implications for Argentina\'s Local Currency Issuer Default Rati
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