Middle East Economic Survey
VOL. LIV
No 7
14-Feb-2011
Jordan
Ratings Agencies Downgrade Jordan On Unrest
The ratings agencies have made changes to Jordans ratings, citing the unrest in both the country itself and the wider region. Standard & Poors Ratings Services lowered its long term and short term local currency ratings on Jordan to BB+/B from BBB-/A-3 and revised the outlook on the long term foreign currency (BB/B) and local currency ratings to negative from stable. The action comes...
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