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View Full Version : Egypt's Long-Term Rating Cut to `Stable' at Fitch on Inflation - Bloomberg



NewsWhore
08-18-2008, 11:20 AM
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Egypt&#39;s Long-Term Rating Cut to `Stable&#39; at Fitch on Inflation (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3Davs_XeMSyU.8%26refer%3Dafrica&cid=0&ei=d4WpSN-fD5XK8ATJpoSEDQ&usg=AFQjCNHuO3qjE_NeBGftZzNLJQzjCopbcQ)
Bloomberg - 27 minutes ago
Fitch also downgraded the country&#39;s long-term local currency rating to BBB- from BBB. ``The power of Egypt&#39;s monetary tools to curb inflation is still quite ...


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