Posts tagged as rating

Fitch affirms Latvia’s credit rating at A– with stable future outlook

Monday, April 15, 2019

International credit rating agency Fitch Ratings maintains Latvia’s Long-Term Foreign-Currency Issuer Default Rating at ‘A–‘, maintaining stable future outlook. Fitch notes the main factors that maintain Latvia’s credit rating at A– include strong state finances, institutional strengths and credible policy framework secured by membership in the EU and Eurozone. Among Latvia’s flaws, Fitch mentions low income level of the country’s residents, as well as high fluctuation of GDP and external…