Middle East Economic Survey
VOL. LIII
No 13
29-March-2010
MOROCCO
S&P Raises Moroccos Foreign Currency Rating On Improving Economic Flexibility
Standard & Poors Ratings Services (S&P) on 23 March raised its long term foreign currency sovereign credit rating on Morocco to BBB- from BB+, and its long term local currency sovereign credit rating to BBB+ from BBB. Short term foreign currency sovereign credit rating on the Kingdom was also raised to A-3 from B and its short term local...
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