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Pacasmayo Assigned Investment Grade

Jan 16, 2013

Fitch has rated Cementos Pacasmayo BBB minus, it says. The company benefits from the Peruvian cement industry’s optimistic future growth, as well as from...

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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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