Fitch boosts Bolivia

Fitch Ratings said it upgraded Bolivia's foreign and local currency issuer default ratings to B from B-.

The outlooks are stable.

At the same time, Fitch said it has affirmed the short-term rating at B and upgraded the country ceiling to B from B-.

The maintenance of macroeconomic stability in the context of political and social turbulence and an unfavorable external environment supports the upgrade of Bolivia's sovereign ratings, Fitch noted.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.