VOL. XLVII

No 09

01-March-2004

RATINGS

CI Assigns Morocco BBB- Local Currency Rating, Affirms Foreign-Currency Ratings

Ratings agency Capital Intelligence (CI) on 25 February announced that it had assigned Morocco a long-term local currency rating of BBB- and a short-term local currency rating of A3. At the same time, the agency affirmed Moroccos long and short-term foreign currency ratings at BB and B respectively. The outlook on the ratings is stable. Moroccos improving external solvency,...