Arab Today, arab today fitch ratings morocco’s outlooks on longterm idrs are stable
Last Updated : GMT 21:09:51
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Fitch Ratings: Morocco’s outlooks on long-term IDRs are stable

Arab Today, arab today

Arab Today, arab today Fitch Ratings: Morocco’s outlooks on long-term IDRs are stable

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Statistical rating organization Fitch Ratings has affirmed Morocco’s Long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘BBB-’ and ‘BBB’ respectively. The issue ratings on Morocco’s senior unsecured foreign and local currency bonds were also affirmed at ‘BBB-’ and ‘BBB’ respectively. The Outlooks on the Long-term IDRs are Stable, it said. The Country Ceiling was affirmed at ‘BBB’, and the Short-term foreign currency IDR at ‘F3′. The affirmation of Morocco’s ratings reflects its resilience during the years of transition following the Arab Spring in early 2011.

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