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Brazil Downgrade Impact

Posted
3/25/2014 10:02:00 AM
By: Emerging Money
Referenced Stocks:

Last night after the bell, Brazil's Long Term Foreign Currency Rating was downgraded to BBB- from BBB citing fiscal issues and deteriorating policy momentum.

Brazil Flag The lower growth outlook was the main conclusion and thus pressure on the external accounts. But really hasn't much of this been priced in?

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