Research Update: Peru Foreign Currency Ratings Affirmed At 'BBB+/A-2'; Outlook Remains Stable - S&P Global Ratings’ Credit Research

Research Update: Peru Foreign Currency Ratings Affirmed At 'BBB+/A-2'; Outlook Remains Stable

Research Update: Peru Foreign Currency Ratings Affirmed At 'BBB+/A-2'; Outlook Remains Stable - S&P Global Ratings’ Credit Research
Research Update: Peru Foreign Currency Ratings Affirmed At 'BBB+/A-2'; Outlook Remains Stable
Published Aug 28, 2015
Published Aug 28, 2015
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Growth in Peru has slowed sharply, and we expect that during 2015-2018 it will average 3.7% per year. We no longer expect Peru's gains in per capita GDP to be meaningfully above that of its peers at a similar stage of development. We also believe that policy measures and recent progress to reduce dollarization could afford the central bank more monetary and exchange rate flexibility in the context of changing global conditions. We are affirming the long-term foreign and local currency ratings on Peru at 'BBB+' and 'A-', respectively, and the short-term ratings at 'A-2'. The stable outlook reflects our view that Peru remains well placed to conduct some countercyclical policy and can manage a widening of its current account

  
Report Type:

Research Update

Ticker
1131Z@PE
Issuer
Sector
Global Issuers, Structured Finance
Country
Region
United States
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Peru Foreign Currency Ratings Affirmed At 'BBB+/A-2'; Outlook Remains Stable" Aug 28, 2015. Alacra Store. Sep 28, 2021. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Peru-Foreign-Currency-Ratings-Affirmed-At-BBB-A-2-Outlook-Remains-Stable-1444683>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Peru Foreign Currency Ratings Affirmed At 'BBB+/A-2'; Outlook Remains Stable Aug 28, 2015. New York, NY: Alacra Store. Retrieved Sep 28, 2021 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Peru-Foreign-Currency-Ratings-Affirmed-At-BBB-A-2-Outlook-Remains-Stable-1444683>
  
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