R&I has affirmed the Foreign Currency Issuer rating at BBB+, leaving the Stable Rating Outlook unchanged.
R&I has upgraded the Foreign Currency Issuer rating to BBB+. The rating outlook is stable.
R&I has affirmed the Foreign Currency Issuer Rating at BBB, leaving the Positive Rating Outlook unchanged
R&I has affirmed the Foreign Currency Issuer Rating at BBB and changed the Rating Outlook to Positive
R&I has affirmed the Foreign Currency Issuer Rating at BBB with stable outlook.
R&I has upgraded the Foreign Currency Issuer Rating to BBB. The Rating Outlook is Stable.
R&I has affirmed the Foreign Currency Issuer Rating at BBB- and left the Positive Rating Outlook unchanged. A rating upgrade will become more likely if the steady implementation of a fiscal consolidation plan can be envisaged.
Positively viewing the fact that Uruguay's economic and fiscal prospects are relatively stable even amid the harsh external environment, R&I has affirmed the Foreign Currency Issuer Rating of BBB- and changed the Rating Outlook to Positive.
R&I has upgraded the Foreign Currency Issuer Rating to BBB-. The Rating Outlook is Stable.
Fiscal and financial systems remain sound, and its resilience to external shocks has been strengthened. These improving trends in the economic base are broadly in line with R&I's expectation when it upgraded the FC Issuer Rating for Uruguay to BB+ in July 2012. Accodingly, R&I has affirmed the rating. The Rating Outlook is Stable.
Uruguay's is expanding steadily, supported by solid direct investment inflows. The fiscal and financial systems remain sound, and the CA deficit is limited. The country has gained a certain level of resilience against external shocks. Reflecting such improving, R&I has upgraded the Foreign Currency Issuer Rating for Uruguay to BB+, outlook stable.
R&I feels that Uruguay is now more resilient against external shocks, and has affirmed the FC Issuer Rating at BB while changing the Rating Outlook to Positive. Even amidst challenging external conditions, there is a good probability that Uruguay's rating may be upgraded as long as the country can maintain steady economic and fiscal management.
R&I affirmed the BB FC Issuer Rating with Stable Rating Outlook. A rating upgrade may come into sight if stable economic management paves the way fot improving fiscal conditions despite possible changes in the global financial environment.
