Middle East Economic Survey
VOL. LIV
No 16
18-Apr-2011
LIBYA
Fitch Downgrades Libyas Ratings, Assigns Stable Outlook
Fitch Ratings downgraded Libyas long-term local and foreign currency Issuer Default Ratings (IDR) to B from BB/RWN on 13 April. The ratings were removed from negative watch and assigned a stable outlook. The agency also downgraded the country ceiling to B from BB and affirmed the short-term rating at B. Fitch has withdrawn all the ratings due to insufficient information being...
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