July 25, 2011 / 8:30 PM / 6 years ago

S&P upgrades Uruguay, praises economic policies

NEW YORK, July 25 (Reuters) - Standard & Poor’s on Monday upgraded Uruguay’s credit ratings by one notch to BB-plus, only one notch below investment grade, praising years of “prudent and consistent” economic policies in the country.

Reporting by Walter Brandimarte; Editing by Dan Grebler

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