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Fitch affirms China at ‘A+’, Outlook ‘stable’

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 26, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - As reported by MNI, Fitch Ratings has affirmed China's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'A+' with a Stable Outlook.

    The issue ratings on China's senior unsecured local-currency bonds are also affirmed at 'A+'. The Country Ceiling is affirmed at 'A+' and the Short-Term Foreign-Currency IDR at 'F1'.

    The Stable Outlook indicates that Fitch views the upside and downside risks to the rating as broadly balanced.
    For more information, read our latest forex news.
     

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