VOL. XLIII

No. 39

25-September-2000

IRAN

Moodys Investors Service Raises Outlook On Irans B2 Foreign Currency Country Ceiling

Moodys Investors Service on 18 September raised the outlook on Irans B2 foreign currency country ceiling to positive from stable. The move reflects the strength and stabilization of the countrys external accounts and debt service capacity as a result of higher oil prices. Additionally, the decline in debt payments going forward and accumulation of international reserves...