Middle East Economic Survey

VOL. XLVII

No 40

4-October-2004

RATINGS

Capital Intelligence Affirms Tunisia Foreign Currency Rating, Introduces Local Rating

Capital Intelligence (CI) announced on 28 September that it has affirmed Tunisia's long- and short-term foreign currency ratings at BBB and A3, respectively. The ratings agency also assigned a long-term local currency rating of A- and a short-term local currency rating of A2 to the sovereign. The outlook is stable. CI said that Tunisia's sovereign...