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Argentina on Review for Emerging-Market Status After Macri Moves

  • MSCI to include Argentina in 2017 annual market revision
  • It has been rated frontier by MSCI for the past seven years

Argentina is one step closer to regaining its status as an emerging market as MSCI Inc. considers the possibility of an upgrade that could lure new investors.

The market in South America’s second-largest economy will be included in MSCI’s 2017 annual market review to determine if the nation is ready to leave its frontier status after seven years, the New York-based firm said in a statement.