Moody’s Lifts Peru

Moody’s Lifts Peru

Peru Corporate & Sovereign Strategy

Peru has been upgraded to Baa2 from Baa3 by Moody’s, the agency says. Moody’s cites Peru’s reduced susceptibility to political event risk, continuing robust economic growth and sound fiscal performance, sustained improvement of government debt metrics and lower exposure to foreign currency denominated debt. “Peru’s long-standing commitment to macroeconomic stability, market-friendly policies, and sound fiscal management has delivered it a decade of strong private investment, robust growth and st

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