Fitch affirms Brazil at BB with a negative outlook

Fitch on Brazil
– Affirmed local and foreign-currency debt
– Repeated episodes of political instability have negative effects for the economy
– Forecasts deficit close to 8% in 2017-18, down 1 pp
Might want to check on that last one.

Fitch affirms Brazil at BB with a negative outlook

Fitch on Brazil
– Affirmed local and foreign-currency debt
– Repeated episodes of political instability have negative effects for the economy
– Forecasts deficit close to 8% in 2017-18, down 1 pp
Might want to check on that last one.