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Moody's Sees Serious Jamaica Tests

Nov 6, 2008

Moody's has put Jamaica's B1 rating on review for downgrade amid rising pressure on the external and fiscal positions, which are expected to intensify and could further deteriorate credit risk relative to peers. "Given the severity of the ongoing global adjustment, Moody's believes that Jamaica will be...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management