# DBRS confirms republic of Colombia at BBB, stable trend - BNamericas

> DBRS confirmed Colombia's long-term foreign and local currency issuer ratings at BBB with a stable trend on April 12, 2019. The agency cited a credible macro policy framework offset by ongoing fiscal pressures, with GDP growth expected to rise to 3.5% in 2019.

- Date: 2019-04-13 · published 2019-04-13T12:00:00.000Z
- Category: macro · region Colombia · magnitude low
- Page: https://feedsoft.ai/events/59854-dbrs-confirms-republic-of-colombia-at-bbb-stable-trend-bnamericas
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

A rating affirmation with a stable outlook removes near-term sovereign risk pressure on the peso, which has little direct effect on feed commodity prices.

## Sources

- bnamericas.com: https://www.bnamericas.com/en/news/dbrs-confirms-republic-of-colombia-at-bbb-stable-trend

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.