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Standard and Poor's ratifies Honduras rating

Monday, August 18, 2014


 

Financial services firm Standard & Poor's ratified Honduras's sovereign credit rating at "B", for long and short-term credits.

The rating is for both local and foreign currency credits.

The company justified its decision after forecasting a drop in the country's fiscal deficit to 6.3 percent of gross domestic product for this year, and 6 percent for next year.

Full story (in Spanish)