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Fitch Ratings affirmed Peru's long-term foreign currency rating at BBB+ with a stable outlook, citing strong balance sheets and consistent macro policy. The agency flagged political risk, including a second presidential impeachment vote tied to Odebrecht corruption probes.
Political uncertainty in Peru could weigh on investment and the sol, which matters for fishmeal supply. The affirmation with stable outlook limits near-term downside risk to Peruvian currency and fishing sector output.
poandpo.comMar 22, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
