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Latvia receives ratings boost

Feb 02, 2012
From wire reports

RIGA - The Japanese credit rating agency Rating and Investment Information, Inc. (R&I) has upgraded Latvia’s credit rating from BB+ to BBB-, reports LETA. The rating outlook is stable, says the Finance Ministry. The Ministry explains that, by taking this step, R&I also restores Latvia’s credit rating at the level of investments. Therefore it is an important assessment of Latvia’s potential for economic development. Such international credit rating agencies as Fi ...

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