Chile maintains top Latin American rating as S&P raises outlook


Fitch rates Chile a notch lower at A-, while Moody’s is at par with S&P at A2. — Bloomberg

SANTIAGO: S&P Global Ratings has kept its classification of Chile as the highest in Latin America and raised its outlook to stable, citing the government’s commitment to halt a multi-year rise in the debt burden.Chile’s foreign currency rating was maintained at A, two notches above its closest regional peer, Uruguay. The decision leaves it on a level with Israel, Latvia and Lithuania.

Fitch rates Chile a notch lower at A-, while Moody’s is at par with S&P at A2.

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