S&P affirms Guatemala's ratings, outlook is stable
Oct 11 (Reuters) - Standard & Poor's Ratings Services on Friday affirmed its double-B/single-B foreign currency sovereign credit ratings on the Republic of Guatemala.
The outlook on the ratings remains stable.
The country's "weak institutions and polarized political environment, which inhibit reforms that might boost growth prospects and raise GDP per capita from a fairly low US$3,500, constrain the ratings," S&P said.
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