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Fitch Raises Inkia

Mar 5, 2013

Fitch has upgraded Inkia Energy's ratings to BB from BB minus, it says, based on improved cash flow. The expansion and conversion...

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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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