Turkey’s credit rating outlook was cut to negative from stable by Standard & Poor’s, which said there’s a growing risk of a “hard economic landing” as reserves decline and policy makers spar over interest rates. The move by S&P, the only one of the three main credit rating companies that […]
Tag: stable
Fitch: Macro Stability in Sub-Saharan Africa Supports Stable Outlook
(The following statement was released by the rating agency) Fitch Ratings says in its 2014 Outlook report for Sub-Saharan African (SSA) sovereigns that growth will pick up in 2014, helped by recovery in Europe, but financial market turbulence linked to Fed tapering could pose challenges for sovereigns with twin deficits […]
