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Brazil downgraded to junk by S&P

Discussion in 'Market News' started by ForexLive, Feb 17, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    S&P lowers Brazil to BB from BB+, outlook negative Brazil's credit rating falls below investment grade. From Standard & Poor's: - Sees more prolonged adjustment process for Brazil It's not looking good in Brazil at the moment.

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