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Comerci Gets Upgrade

Sep 17, 2012

Moody's has upgraded the rating of Mexico’s Controladora Comercial Mexicana (Comerci) to Ba1 from Ba3, it says. “The upgrade reflects Comerci's much stronger credit metrics following...

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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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