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Chile – The Real Latin American Powerhouse

Posted by Matt in April 29th, 2009 | 1 comment 
Published in Americas, Financial Crisis, , , , , , , , , , , , , , , , , , , , , , , , , ,

Chile is the only investment-grade country to be upgraded by Moody’s since the financial crisis began almost two years ago. The ratings agency also boosted the foreign currency ratings of four major Chilean banks.
There are two reasons why Chile’s economy, while not exactly vibrant at the moment, has caught the eye of Moody’s and a [...]

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