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Fitch Downgrades Brazil

Rio de Janeiro, Brazil, 16th December 2015: The risk rating agency Fitch downgraded the level of Brazil's investment to speculative level. Devaluation of the real, political crisis, unemployment and corruption scandals that reach the government of Dilma Rousseff contributed to the downgrade. Real, the Brazilian currency suffered sharp depreciation against the US dollar due to the worsening political and economic crisis that Brazil is going through. There downturn in various sectors of the economy, rising unemployment and rising inflation. (Photo by Luiz Souza/NurPhoto)

Photo Details

Photo ID	#964378
Date Taken	16 December 2015
Location	N/A
Photographer	Luiz Souza/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2026 NurPhoto - Luiz Souza/NurPhoto

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Brazil Rio de Janeiro nurphoto Downgrades rateing economy money agency fitch agency fitch

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