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2023

S&P global ratings upgrades Brazil’s credit outlook for first time since 2019

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Standard & Poor's (S&P) Global Ratings upgraded Brazil's credit outlook from "stable" to "positive" on Wednesday, marking the first such upgrade since 2019. Despite this positive shift, the agency maintained the country's sovereign credit rating at "BB-", a status that still implies a "speculative grade". The revised outlook signifies that Brazil, the leading economy in […]



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