In January, Azerbaijan`s rating downgraded to "BBB-" to "BB +" rating. In January, Azerbaijan`s rating downgraded to "BBB-" to "BB +" by rating agency S&P.
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Fitch downgrades the rating of Azerbaijan
27 February 2016
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International rating agency Fitch downgraded the long-term rating of Azerbaijan in local and foreign currency from "BBB-" to "BB +", reads the statement of the agency, AzVision.az reports.
The rating outlook is "negative". The agency says the low oil prices are the reason.
In January, Azerbaijan`s rating downgraded to "BBB-" to "BB +" rating. In January, Azerbaijan`s rating downgraded to "BBB-" to "BB +" by rating agency S&P.
In January, Azerbaijan`s rating downgraded to "BBB-" to "BB +" rating. In January, Azerbaijan`s rating downgraded to "BBB-" to "BB +" by rating agency S&P.
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