|
|
| |
|
|
|
|
| INVESTMENT NEWS |
| News |
|
Moody's upgrades key ratings of Israeli economy - 15 May 2008
15-05-2008 - ISRAEL
Source :
Invest in Israel Newsletter
Country from : Israel
Activity :
Other or not specified |
MOODY'S UPGRADES KEY RATINGS OF ISRAELI ECONOMY
by Israel Investment Promotion Center
Moody's Investor Service has lifted Israel's key ratings to reflect the country's proven resiliency in the face of global and local economic and political shocks. The government foreign and local currency bond ratings have been upgraded from A2 to A1 and the foreign currency ceiling for bank deposits has been upgraded from A2 to A1 as well. The country ceiling for long-term foreign currency debt has been affirmed at Aa1.
Israel's positive economic growth was also reported at year's end by Standard & Poor's Rating Service, upgrading the country's long-term foreign currency ceiling from A- to A with a stable outlook. The long term currency rating was raised from AA to A+ while the short term currency rating moved up from A-1 to A-1+ |
|
 |
|
| < Back |
|
|
|
|
| |
|
