S&P Raises Brazil’s Rating

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🇧🇷 🇧🇷 S&P, which cut the nation’s score to junk back in 2015, raised Brazil’s sovereign rating by one notch to BB, two levels below investment grade. It had revised its outlook to positive in June, the first of the major three firms to improve its views on the credit profile of Latin America’s largest economy. Fitch Ratings upgraded Brazil to BB in July, in line with the nation’s Ba2 ratings at Moody’s Investors Service
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