Friday, 8 July 2016

Fitch sees tough year ahead for sovereign ratings | The National

Fitch sees tough year ahead for sovereign ratings | The National:

"In a gauge of the global economic unease, the ratings agency Fitch said that sovereign credit ratings are on track for a record number of downgrades this year.

And Brexit is making it worse.

In its latest biannual Sovereign Review and Outlook, the UK agency said that there were 15 downgrades in the first six months of this year compared with the previous annual high of 20 in all of 2011."



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