S&P downgrades Lebanon’s credit rating amidst ongoing protests
S&P Global Ratings said on Friday that it
lowered Lebanon’s long-term and short-term foreign and local
currency sovereign credit ratings to ‘CCC/C’ from ‘B-/B’, citing
rising financial and monetary risks.
lowered Lebanon’s long-term and short-term foreign and local
currency sovereign credit ratings to ‘CCC/C’ from ‘B-/B’, citing
rising financial and monetary risks.
Posted by Reuters
