Moody’s Investors Services holds a seminar today in Buenos Aires to discuss Argentina’s economic and rating outlook.
South America’s second-biggest economy is rated B3 by Moody’s, six levels below investment grade.
WHAT TO WATCH:
* Moody’s analyst Gabriel Torres will have a press conference on Argentina’s economy.
* The Buenos Aires Cereals Exchange releases its weekly crop report in the afternoon.
* The Merval Index rose 1 percent to 2,309.43 yesterday.
* The peso fell 0.1 percent to 4.2075 per dollar. The currency has declined 5.4 percent against the dollar this year.
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