How S&P’s lower rating affects Colombia
The dollar shooting up against Colombia’s peso is only the first of consequences of Colombia’s credit rating being lowered from BBB to BBB-minus. The decision is unlikely to affect households…
The dollar shooting up against Colombia’s peso is only the first of consequences of Colombia’s credit rating being lowered from BBB to BBB-minus. The decision is unlikely to affect households…
Ratings agency S&P Global on Monday lowered Colombia’s long-term foreign currency sovereign credit rating from BBB to BBB-minus. S&P said the lower credit rating was due to ongoing fiscal woes…
Credit rating agency Standard and Poor’s moved up Colombia’s investment grade rating from BBB- to BBB on Wednesday, making long-term foreign investment more attractive in one of the Andean region’s…
U.S. financial services company Standard & Poor’s (S&P) announced Thursday that it will likely maintain Colombia’s current credit rating for 2012. The director of S&P’s Latin American operations, Victor Herrera, acknowledged…