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Fitch Upgrades Brazil to BB, Outlook Remains Stable

BRAZIL
  • FITCH UPGRADES BRAZIL TO 'BB'; OUTLOOK STABLE (BBG)
  • "Brazil's upgrade reflects better-than-expected macroeconomic and fiscal performance amid successive shocks in recent years, proactive policies and reforms that have supported this, and Fitch's expectation that the new government will work toward further improvements."
  • The link to the release is here.

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