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VCP Gets Issuer Rating

Oct 26, 2007

Moody's has assigned a Baa3 (stable) issuer rating to Votorantim Celulose e Papel (VCP) to reflect its position as one of the lowest cost pulp...

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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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