VOL. XLVII
No 11
15-March-2004
MOROCCO
RATINGS
S&P Revises Foreign Currency Outlook On Morocco To Positive
Ratings agency Standard & Poors (S&P) on 8 March revised its foreign currency outlook on Morocco to positive from stable, citing the strong improvement in the countrys external liquidity and acceleration in structural reforms. S&P also affirmed Moroccos BB/B foreign currency and BBB/A-3 local currency ratings. The local currency outlook remains stable. Moroccos external...
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