S&p Cuts Egypt's Credit Ratings

CAIRO (AP) — Ratings agency Standard & Poor's has pushed Egypt's sovereign credit ratings deeper into junk status, citing "continued pressure" on foreign reserves.

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BING SEARCH:
  • Egypt
    Standard & Poor's credit rating for Egypt stands at B with stable outlook. Moody's credit rating for Egypt was last set at B3 with stable outlook. Fitch's credit rating for Egypt was last reported at B with positive outlook.
    08/1/2018 - 3:19 am | View Website
  • S&P cuts Egypt's sovereign rating to 'C'
    S&P downgrades 3 major Egyptian banks Standard & Poor's cut Egypt's credit rating further into junk territory on Thursday, saying Cairo had yet to come up with a plan to control its finances, leaving the country vulnerable to a balance of payments crisis.
    07/26/2018 - 7:54 pm | View Website
  • Standard and Poors’
    Standard and Poor’s downgrades Egypt credit rating Egypt’s long-term rating was lowered to ‘CCC+’ from ‘B-‘, while its short-term rating dropped to ‘C’ from ‘B’ Daily News Egypt
    07/19/2018 - 2:01 am | View Website
  • S&P Upgrades Egypt’s Sovereign Credit Rating To B From B ...
    Egypt’s sovereign credit rating was raised from (B-) to (B) by international rating agency Standard and Poor’s (S&P) on Friday. The one notch changed the status of Egypt’s rating from stable to positive.
    05/12/2018 - 11:00 am | View Website
  • Egypt Credit Outlook Cut to Negative by S&P on Finance ...
    Egypt’s credit outlook was cut to negative from stable at S&P Global Ratings, which expected continued foreign exchange shortages as aid from Gulf Arab allies deteriorate because of the slump in their oil-related revenue.
    05/13/2016 - 3:52 pm | View Website
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