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It is certainly high time for credit rating agencies to make their methodologies completely transparent, consultative and objective so that they accurately reflect the true picture Despite rising to become the world’s fifth-largest economy from 12th position in the last 15 years (2008-23), with
The govt has criticised the ‘opaque methodologies’ used by the major global credit rating agencies to arrive at sovereign ratings. What is the govt’s argument, and why do sovereign credit ratings matter?
Fitch Ratings has upgraded Ghana’s Long-Term Local-Currency Issuer Default Rating (IDR) to ‘CCC’ from ‘RD’. Fitch...
Fitch downgraded its US debt rating on Tuesday afternoon from the highest AAA rating to AA+, citing “a steady deterioration in standards of governance.”
Fitch Ratings has affirmed Nigeria's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' with a Stable Outlook. A full list of rating actions is at the end of this rating action commentary. Key Rating Drivers Fundamental Strengths and Weaknesses: Nigeria's rating is supported by a favourable public debt/GDP ratio, a large economy, a developed and |