Other Rating Co.’s Should Follow S&P in Cutting Brazil: Natixis
Source: BFW (Bloomberg First Word)
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(Bloomberg) -- S&P’s downgrade shows that rating cos. are not willing to give Latin American countries the benefit of the doubt anymore, director Juan Carlos Rodado said by phone from New York.
Alert: HALISTER1- BRL has been stable due to central bank’s interventions, otherwise it would be weaker, Rodado says
- “The mood is extremely pessimistic among investors due to the external context”
- NOTE: Earlier today, Brazil’s Credit Rating Cut Further Into Junk Territory by S&P; Link to story
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
UUID: 7947283