Reuters logo
BRIEF-‍Fitch affirms Republic of Congo at 'CCC'​
July 11, 2017 / 11:38 AM / 4 months ago

BRIEF-‍Fitch affirms Republic of Congo at 'CCC'​

July 11 (Reuters) - Fitch:

* Affirms Republic of Congo at ‘CCC’​

* ‍fitch says has affirmed Republic of Congo’s long-term foreign- and local-currency issuer default ratings (IDRs) at ‘CCC’​

* ‍Fitch on Republic of Congo - country ceiling has been affirmed at ‘B+’ and short-term foreign- and local-currency IDRs at ‘B’​

* Fitch says ‍republic of Congo’s rating reflects large fiscal & external deficits caused by a limited policy response to fall in oil prices among other factors

* ‍fitch on Congo - ‍Fitch expects tight financing conditions brought about by drop in oil prices in 2014 to persist over coming two years​ Source text for Eikon:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below