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Emerging MarketsEM LatAm

Colombia IG status teeters despite former fin min pleas

10 mil pesos, peso colombiano, colombia, currency, LatAm

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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