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Andean Group - January 2016 (ISSN 1741-4466)
PERU ECONOMY: BVL battling to keep ‘emerging’ status
The Bolsa de Valores de Lima (BVL) has been battling to avoid being downgraded from ‘emerging’ to ‘frontier’ market status by MSCI (Morgan Stanley Capital International), the US-based publisher of stock exchange and other financial indices. While the outcome is still uncertain, it now looks as if the BVL has a fairly robust plan to enable it to stay in the club of its choice.
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