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MercoPress, en Español

Montevideo, April 18th 2024 - 19:00 UTC

Tag: Uruguay' risk rating

  • Wednesday, June 4th 2014 - 09:03 UTC

    Timid S&P ignores Moody's and leaves Uruguay' risk rating unchanged

    Uruguay with a small and open economy is exposed to vulnerabilities emerging from a region which is “experimenting economic stress”

    Standard & Poor's (S&P) decided on Tuesday to maintain Uruguay's sovereign debt risk rating unchanged at the lowest investment grade BBB-, because although it has solid growth prospects, predictable policies and a favorable debt profile, the country still has limited fiscal and monetary flexibility and lives in a neighborhood experimenting 'economic stress'.