NEW YORK--(BUSINESS WIRE)--Fitch Ratings has taken the following rating actions on Paraguay: --Long-term foreign and local currency Issuer Default Ratings (IDRs) upgraded to 'BB' from 'BB-'; --Senior unsecured foreign and local currency bonds upgraded to 'BB' from 'BB-'; --Country Ceiling upgraded to 'BB+' from 'BB'; --Short-term foreign currency IDR affirmed at 'B'. The Rating Outlook is Stable. KEY RATING DRIVERS The resilience of Paraguay's external accounts and economic growth has increased
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