Ratings Source
Ethiopia downgraded on default concerns
Ethiopia’s long- and short-term foreign currency sovereign credit ratings have been lowered from B to CCC by Fitch Ratings, on default concerns. The country…
Seychelles slides on debt woes
Seychelles’ long-term foreign-currency issuer default rating (IDR) has been downgraded from B+ to B, by Fitch Ratings due to rising debt. Fitch has however…