Peru on Path to High Grade

Peru on Path to High Grade


Moody’s has placed Peru’s Ba1 bond rating on review for possible upgrade to reflect the sovereign’s track record of stable economic policymaking and reduced risks from the economy's relatively high degree of dollarization. "The review reflects signs of increased shock-absorption capacity in the face of adverse external conditions," said Mauro Leos, regional credit officer for LatAm. "The government's enhanced policy flexibility is also evidenced by its successfully steering of the economy toward

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