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Economy

Fitch downgrades Brazil's credit rating

Fitch credit rating agency has downgraded Brazil from BBB to BBB- but maintained the country's investment grade rating. The outlook remains negative.

Economy

Moody's cuts Brazil's credit rating, keeps investment grade

Rating agency Moody's announced on Tuesday afternoon (Aug. 11) the downgrade of its credit rating for Brazil from Baa2 to Baa3, with the outlook going to stable from negative.

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