Wednesday, October 31, 2012
Argentina, South America's third-largest economy, could see its tenuous grasp on frontier markets status loosen more rapidly after Standard & Poor's pared the country's credit rating one notch to B- from B on Tuesday.
Following its annual classification review in June, index provider MSCI (NYSE: MSCI ) said Argentina was on review for possible downgrade. In September, FTSE Group echoed those sentiments .
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