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DBRS Anoints Peru as High Grade

Oct 22, 2007

Peru got a shot in the arm Friday with a promotion to investment grade by DBRS, the Toronto-based rating agency. The agency gave it...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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