Fitch Moves Bolivia into Double-B Territory

Fitch Moves Bolivia into Double-B Territory

Bolivia Corporate & Sovereign Strategy

Fitch has raised Bolivia’s credit rating to BB minus from B+, it says, giving the potential international bond issuer its third of three double-B ratings. “Bolivia's upgrade reflects the country's strengthened external buffers, improved sovereign debt profile and greater diversification of financing sources, which provide ample flexibility to cope with commodity cycles and adverse domestic and external shocks,” the agency says. Increased investment should also continue to support growth. These s

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