Wednesday, April 6, 2011

Another blow to Egypt as Moody's downgrades ratings

Moody's Investors Service today downgraded Egypt's foreign and local currency government bond ratings by one notch to Ba3 from Ba2. The outlook on these ratings remains negative.

Egypt
� 2011 Al Bawaba (www.albawaba.com)

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Source: http://www1.albawaba.com/main-headlines/another-blow-egypt-moodys-downgrades-ratings

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