Moody’s goes stable on Brazil, doesn’t budge on Petrobras

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Moody’s goes stable on Brazil, doesn’t budge on Petrobras

Brazil, Henrique Meirelles, finance minister
Minister of Finance, Henrique Meirelles during the opening of the Statistical Forum that deals with pension reform in the auditorium of Grupo Estado. | Marivaldo Oliveira/Zuma Press/PA Images

Latin America’s largest economy looks to have halted its three year slide down the ratings scale after Moody’s removed the negative outlook on Brazil’s Ba2 credit rating.

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