Egypt, the North African nation whose president was ousted after popular protests last month, had its bond ratings cut one level at Moody’s Investors Service on political instability and the impact on the economy.
Tunisia’s credit rating was cut one notch to BBB- at Standard & Poor’s, which said the country’s political turmoil this year has hurt its economic prospects.
Moody’s Investors Service sees “a substantial risk that the medium-term credit fundamentals of Bahrain will be impaired by the present crisis,” the agency said.
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