Moody’s ruins better day for Brazil as forced selling looms

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Moody’s ruins better day for Brazil as forced selling looms

Oliver West
December 09, 2015 12:00 am
Dilma Rousseff
President of Brazil, Dilma Rousseff participates in the meeting of the Council for Economic and Social Development, at the Planalto Palace in Brasilia, capital of Brazil, on April 16, 2014. Photo: ANDRE DUSEK/ESTADAO CONTEUDO | ANDRE DUSEK/DPA/Press Association Images

Brazil took a step closer to sub-investment grade status on Wednesday when Moody’s placed its Baa3 rating on review for downgrade.

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Oliver West
US Bureau Chief - Latin America Editor
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