Standard & Poor's lowers rating for Colombia
Thursday, February 18, 2016
![](https://www.centralamericalink.com/storage/images/2017/02/07/201602181050270.deuda-colombia.jpg)
Credit rating firm Standard & Poor’s has lowered Colombia’s credit-rating outlook from stable to negative, citing the country’s deteriorating growth prospects and need of fiscal reform as reasons.
The foreign-currency rating was affirmed at BBB, two levels above junk, S&P said in a statement.
Source: Colombia Reports