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View Full Version : South Africa Says S&P Rating Reflects 'Confidence' - Bloomberg



NewsWhore
06-17-2009, 11:50 AM
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South Africa Says S&P Rating Reflects &#39;Confidence&#39; (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601116%26sid%3DaRW9usBCkD_U&cid=1262290882&ei=lxM5StTFLJTq6wOs5sCICA&usg=AFQjCNFjQrJt7cEUnZbBiKDmBcmAk8K1AA)
Bloomberg
S&P today kept South Africa&#39;s foreign currency credit rating at BBB+, the third-lowest investment grade level, while maintaining a “negative” outlook because of “short-term macroeconomic risks.” Africa&#39;s biggest economy will probably contract 1.5 ...


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