Thursday, May 10, 2007

UPDATE 1-Brazil sees higher dollar inflows on Fitch upgrade

(Reuters) - Fitch raised Brazil's sovereign rating to 'BB+' from 'BB', putting it one notch below investment grade.

Godoy, speaking in the lower house of Congress, said the upgrade showed Brazil's economy is safer for asset managers and companies to invest their funds.


Read more at Reuters.com Bonds News

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