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Fitch Downgrades Brazil’s IDRs to BB With Negative Outlook

6-5-2016 < The Unhived Mind 174 61 words
 
Fitch Downgrades Brazil’s IDRs to BB With Negative Outlook © Flickr/ kavitakapoor 02:10 06.05.2016Get short URL http://sputniknews.com/latam/20160506/1039159264/fitch-downgrades-brazil-ratings.html The Fitch rating agency has downgraded Brazil’s long-term foreign and local currency Issuer Default Ratings. MOSCOW (Sputnik) – The Fitch rating agency has downgraded Brazil’s long-term foreign and local currency Issuer Default Ratings (IDRs) from BB+ to BB, citing economic contraction. “Near-term growth […]
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