Middle East Economic Survey

VOL. XLIX

No 7

13-February-2006

IRAN

Fitch Cuts Irans Credit Rating Outlook To Negative

UK Ratings agency, Fitch Ratings on 6 February cut its credit rating outlook for Iran to negative from stable, as a result of increased political risk due to the nuclear dispute and a weakening of economic policies. However Fitch affirmed its current credit rating for Iran at BB-, noting that the negative outlook was balanced by an improvement in many of the countrys external...