Middle East Economic Survey

VOL. XLVIII

No 41

10-October-2005

SAUDI ARABIA

Saudi Arabia Ratings On Review For Possible Upgrade, Says Moodys

Moodys on 3 October placed on review for possible upgrade Saudi Arabias foreign currency ceiling (Baa2), foreign currency government bond ratings (Baa2) and foreign currency bank deposit ceiling (Baa2). The local currency bond rating (Baa1) and the local currency guideline (A1) are not on review. This move, according to Moodys, reflects Saudi Arabias improved...