Fitch Ratings’ recently upgraded Egypt’s long-term foreign-currency Issuer Default Rating (IDR) to ‘B’ with a stable outlook. This decision was primarily driven by a significant boost in foreign exchange reserves, …
credit rating
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S&P Global Ratings follows Moody’s in recognizing Egypt’s economic turnaround, upgrading the country’s credit outlook from stable to positive. This positive revision stems from decisive actions by Egyptian authorities to …
