Brazil Holds Steady in Fitch Ratings Amid Growth

On Friday, Fitch Ratings reaffirmed Brazil’s BB credit rating, sustaining a stable outlook, building on an earlier upgrade bestowed in July. Fitch acknowledges the Brazilian government’s pragmatic approach under President Luiz Inácio Lula da Silva. The administration has focused on revenue-enhancing measures and increased state investments. However, it has avoided major shifts in the monetary […]

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