Buenos Aires City, November 30, 2015 -- Moody's Latin America Agente de Calificación de Riesgo (Moody's) has today changed the outlooks on all Argentine provinces and municipalities issuer ratings --on both local and in foreign currencies- to positive from stable while affirming all their current issuer and debt ratings --on both Global/National scales and in local and in foreign currency-. This rating action follows Moody's Investors Service outlook change to positive from stable on Argentina's Caa1 issuer rating announced November 24th., 2015.

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