Middle East Economic Survey
VOL. LIII
No 8
22-Feb-2010
IRAN
CI Changes Iran Long-Term Local Currency Outlook To Negative
Ratings agency Capital Intelligence (CI) has revised its long-term outlook on Irans local currency, rated BB+, to negative from a previous outlook of stable, it said on 11 February. It has also affirmed Irans long-term foreign currency rating as BB- with a stable outlook, noting that the default risk on the countrys local and foreign currency might become more...
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