Posts Tagged
petrobas
Emerging-Market Currencies Fall; Lira in Worst Rout Since 2008
published Jan 11th 2017, 2:17 pm, by Aline Oyamada and Paul Wallace (Bloomberg) —Emerging-market currencies dropped as the lira headed for its biggest five-day loss since the global financial crisis after a support pledge by Turkey’s central bank failed to convince traders. The MSCI Emerging Markets Currency Index fell for
Brazil Makes Latin America Fallen Angels Hub, Moody’s Says
©2015 Bloomberg News NN6ADH6KLVR8 (Bloomberg) — Brazil’s stagnant economy and sinking currency are putting investment-grade ratings at risk, making Latin America the region with the biggest number of high-grade bonds that could end up as junk, Moody’s Investors Service said. Power producer Centrais Eletricas Brasileiras SA and builder Construtora Norberto
