Fitch Ratings today affirmed Bahrain’s long-term foreign currency issuer default rating (IDR) at BBB and local currency IDR at BBB with a stable outlook. The issue ratings on Bahrain’s senior unsecured foreign and local currency bonds have also been affirmed…
Day: June 20, 2014
Fitch affirms Kuwait at AA with stable outlook
Fitch Ratings today affirmed Kuwait’s long-term foreign and local currency issuer default ratings (IDR) at AA with a stable outlook. “Kuwait’s exceptionally strong sovereign balance sheet is the key support for the ratings,” Fitch said in a statement. “Very high…
KRG denies report of cut-price oil and says exports to double “within weeks”
The Ministry of Natural Resources of the Kurdistan Regional Government (KRG) today issued a statement denying a report that it is selling cut-price oil. It described a story by Bloomberg news agency on 19 June about KRG oil as being…