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Brazil Turns Investment Grade, Bonds Explode
By Digg RSS News Search for recording | May 1, 2008
Ibovespa, Brazil’s stock exchange index, jumped to a record on Wednesday, April 30, after Standard & Poor’s unexpectedly raised the country’s credit rating to investment grade. S&P Ratings Services Brazil’s debt rating announcement from BB+ to BBB- sent domestic stocks soaring 6.3% hitting a new intraday record.
Topics: Music Recording News | No Comments »
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