Rafael Di Giorno

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Last quote by Rafael Di Giorno

No, I believe there won't be contagion to other countries because it's not a 'default', in the sense of a balance of payments crisis, or that the country has no dollars in its reserves. Certainly, that would have a impact on the currency. But I don't think that is the case here.feedback
Jul 31 2014
Rafael Di Giorno has most recently been quoted in an article called Argentina continues its default dance with the 'vultures'. Rafael Di Giorno said, “The reality is that the rating agencies are considering declaring a default because the bond holders, that's those who accepted the restructuring of debt in 2005 and 2010, didn't receive their interest payments. But this is not a 'typical' default, given that Argentina can pay. This money was actually sent to the banks, to Bank of New York Mellon, in Buenos Aires, but a court in New York is blocking the payment.”. Rafael Di Giorno has been quoted a grand total of 2 times in 1 article.
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Quotes by Rafael Di Giorno

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