Uruguay solid candidate for “investment grade” rating says JP Morgan

Wednesday, February 9th 2011 - 19:59 UTC

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Uruguay is considered a solid candidate to obtain “investment grade” given its strong economic fundamentals and these same factors make the country’s bonds issued in indexed units, UI, an attractive investment, according to a report from the investment bank JP Morgan published in the Montevideo press. Read full article

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Bubba
With just a minor shift in strategy, Argentina could return to the graces of the investment world, but as long as the “social entitlements” continue to smother businesses we will remain a pariah for investors.
Feb 16th, 2011 - 10:15 am - Link - Report abuse 0
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