S&P has put Brazil's rating at BBB-, the lowest level for investment grade debt, and called the outlook stable - Reuters Photo.
WASHINGTON: Standard & Poor's cut Brazil's credit rating Monday by one notch, citing the government's unclear policy signals as it faces a weaker fiscal situation and slower growth.
S&P put Brazil's rating at BBB-, the lowest level for investment grade debt, and called the outlook stable.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
