Middle East Economic Survey

VOL. LIII

No 38

20-Sep-2010

SYRIA

CI Assigns Sovereign Ratings To Syria For First Time

Capital Intelligence (CI) announced on 7 September that it has assigned sovereign ratings to Syria for the first time. The rating agency assigned a long term foreign currency rating of BB- and a short term foreign currency rating of B. CI also assigned Syria a long term local currency rating of BB and a short term local currency rating of B. The outlook on all ratings is stable. Syria...