Moody’s turns negative on Peru’s sole A rating
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Emerging MarketsEM LatAm

Moody’s turns negative on Peru’s sole A rating

Lima, Peru, BCP, 575, LatAm

Political volatility continues to take its toll on the credit ratings of Latin America’s strongest sovereigns, with Peru the latest to suffer a negative outlook as Moody’s predicted the next government will likely face a continuation of the political gridlock that has hampered economic activity over the last four years.

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