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Fitch raises rating on Hungary's long-term foreign currency

May 20- Fitch Ratings raised its rating on Hungary's long-term foreign currency to' BBB minus' from' BB plus', citing high current account surpluses and EU fund inflows among other reasons. "Tighter fiscal policy has been consistent with a gradual decline in government debt from a high level," Fitch said in a note on Friday. The rating agency also affirmed Hungary's...

Source: Reuters

EMERGING MARKETS-Colombia peso bucks Latam rally after S&P cuts credit outlook

outlook@ SAO PAULO, Feb 17- Colombia's peso bucked a rally in Latin American currencies on Wednesday after Standard& Poor's said it could downgrade the country's "BBB" rating. Analyst Mario Castro at Nomura Securities said in a client note he expects Colombia to be downgraded "sooner rather than later." A rebound in crude prices lifted the Mexican peso on Wednesday...

Source: Reuters