VOL. XLIII
No. 19
8-May-2000
KUWAIT
S&P Affirms Kuwaits Ratings
US ratings agency Standard and Poors (S&P) announced on 2 May that it had affirmed its single A long-term foreign currency and single A+ long-term local currency issuer credit ratings for Kuwait. It also affirmed its A-1 short-term foreign currency rating and its A-1+ short-term local currency issuer credit ratings. The agencys outlook for Kuwait is stable.
S&P attributed their affirmations to three main factors: oil...
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