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Tag: and stable (albeit low) economic growth. These strengths are counterbalanced by high inflation and dollarization and low financial intermediation that narrow scope for counter-cyclical policies

RIO DE JANEIRO, BRAZIL - Fitch Ratings, one the world's leading credit rating agency has confirmed Uruguay's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-', however with a Negative Outlook, despite the country faring much better than its neighbors. The...

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