Government debt ratios for the Republic of Peru have improved, as have external economic indicators. We're affirming our 'BBB-' long-term foreign currency and 'BBB+' long-term local currency sovereign ratings. We're revising the outlook on the foreign currency rating to positive from stable. The outlook on the long-term local currency ratings remains stable. NEW YORK (Standard&Poor's) Aug. 23, 2010--Standard&Poor's Ratings Services said today it revised its outlook on the Republic of Peru's foreign currency rating to positive from stable. At the same time, Standard&Poor's affirmed its 'BBB-' long-term foreign currency and 'BBB+' long-term local currency sovereign ratings. The outlook on the long-term local currency ratings remains stable. "Our positive outlook on the foreign currency ratings
