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Fitch upgrades Iceland to ‘A-’; outlook is positive

 Fitch Ratings announced today that it had upgraded Iceland‘s long-term foreign and local-currency Issuer Default Ratings (IDRs) to ‘A-’ from ‘BBB+’. The outlook is positive. The main rating drivers are reduced external vulnerability and improvements in government debt ratios, supported by robust growth.

Attachments:

Fitch_Iceland_7 July 2017.pdf