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Moody’s Ups Outlook for Mexican Banks

Dec 21, 2010

Moody’s has changed the outlook for the Mexican banking system to stable from negative. The change is a result of the banks' strengthened capital and reserves, and solid earnings during the economic crisis. Asset quality has...

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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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