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S&P lowers Peru’s debt outlook to “negative” due to political risk

S&P Global Ratings has cut Peru's credit outlook to negative from stable, in a tumultuous period for the government and when leadership changes highlight the risk of political impasse.

The move indicates a one in three chance that the credit rating agency will downgrade Peru, depending on its political track record and risks to economic policy and growth, S&P analysts Constanza Pérez Aquino, Joydeep Mukherji and Sebastián Briozzo . . .

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