Middle East Economic Survey
S&P Lowers Jordans Long Term Local Currency Rating
Standard & Poors Ratings Services announced on 23 November that it has lowered its long term local-currency sovereign credit rating on Jordan to BB from BB+ and affirmed the short term local currency rating at B. The outlook was said to be negative. The rating agency also affirmed the kingdoms BB/B long and short term foreign currency sovereign credit ratings. An S&P...
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