Colombia IG status teeters despite former fin min pleas

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Colombia IG status teeters despite former fin min pleas

10 mil pesos, peso colombiano, colombia, currency, LatAm
Comugnero Silvana - stock.adobe.com

Two major rating agencies now have Colombia on the lowest rung of the investment grade ladder with a negative outlook after Fitch took action on the sovereign. Cries from former finance ministers that it was an inappropriate time for downgrades fell on deaf ears.

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