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Fitch affirms Australia at 'AAA'; outlook Stable

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    According to the latest press release, Fitch Ratings has affirmed Australia's long-term foreign and local currency ratings at AAA and outlook at stable.

    Australia's senior unsecured foreign- and local-currency bond ratings are also affirmed at 'AAA'. The Country Ceiling is affirmed at 'AAA' and the Short-Term Foreign Currency IDR at 'F1+'.

    Meanwhile, AUD/USD remains unperturbed by the Fitch affirmation, and remains capped below 0.75 barrier, down -0.35% on the day.
    For more information, read our latest forex news.
     

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