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S&P Lifts Paraguay Rating to Investment Grade, Joins Moody’s

Bloomberg Markets
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S&P Lifts Paraguay Rating to Investment Grade, Joins Moody’s

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000S&P Global Ratings lifted Paraguay’s credit score, granting the South American nation its second investment-grade rating. S&P raised the country by one notch to BBB-, it said in a statementBloomberg Terminal Wednesday, citing strong growth, commitment to maintaining low fiscal deficits and the central bank’s increasing policy credibility. The outlook is stable.

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Source: Bloomberg Markets