Argentina waits for market reaction after default

Note: This section contains information in English only.
Source: Investing.com
For the second time in twelve years Argentina has defaulted. Argentina had until midnight, as a deadline for coupon payment concerning exchange bonds. Having failed to honour the debt, Argentina defaulted once again. However, this time the country remains solvent and it is a matter of how fast it will be sorted out. Argentina has foreign exchange reserves of 29 billion dollars.
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