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4 months ago
BRIEF-Fitch affirms Uruguay at 'BBB-', maintains stable outlook
April 7, 2017 / 3:58 PM / 4 months ago

BRIEF-Fitch affirms Uruguay at 'BBB-', maintains stable outlook

April 7 (Reuters) - Fitch:

* Fitch affirms Uruguay at 'BBB-'; outlook stable

* Fitch says Uruguay's ratings supported by strong structural features in terms of social and institutional development, strong external balance sheet

* Uruguay's key credit challenge continues to be structural deterioration in public finances, which gained pace in 2016

* Fitch, on Uruguay, says expects broader growth to be subdued in coming years given recent ebb in investment Source text for Eikon:

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