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Fitch downgrades Maldives’ IDR to “CC”
COLOMBO, Aug. 29 (Xinhua) — Fitch Ratings on Thursday downgraded Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to “CC” from “CCC+”. Issuing a press release, the leading provider of credit ratings said this downgrade reflects the company’s assessment that intensified…
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