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Fibria Moves toward IG

Feb 26, 2013

Fitch has revised the outlook on Fibria's BB+ rating to positive from stable, it says, with a continued debt reduction possibly leading...

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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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