Thursday, April 9, 2015

Ratings' revision of Brazil to Negative?

If there is a rating  Outlook downgrade on Brazil's Long-term foreign and local currency Issuer Default Ratings (IDRs)  which is Negative from Stable this  could be detrimental to the Latin American currencies as Brazil is a leading BRICS member. 

Is Lagarde's warning coming true?

Without any risk or responsibility.   

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