Tag: Uruguay's credit rating

• Thursday, June 8th 2023 - 10:55 UTC

  Fitch upgrades Uruguay's rating

  

  Thanks to Uruguay's ”solid fiscal performance that allowed it to absorb the shock of the Covid-19 pandemic, added to the track record of compliance with the fiscal framework, which has improved its credibility, increased resilience to economic shocks and reduced the risk of a potential increase in the stock of public debt.

• Wednesday, November 23rd 2022 - 08:53 UTC

  DBRS ups Uruguay's credit rating

  

  Canadian rating agency DBRS Morningstar upgraded Uruguay's foreign currency sovereign debt score from BBB Low to BBB as a result of Montevideo's “substantial improvement” in the country's fiscal outlook, it was reported Tuesday.

• Tuesday, July 31st 2012 - 22:22 UTC

  Second risk rating agency upgrades Uruguay to investment grade

  

  Moody's Investor Service upgraded Uruguay's sovereign ratings from Ba1 to Baa3, following Standard & Poor's upgrade announced on April.