Fitch has upgraded Cyprus`s Long-Term Foreign-Currency Issuer Default Rating (IDR) to `BB` from `BB-‘
Fitch Ratings has upgraded Cyprus`s Long-Term Foreign-Currency Issuer Default Rating (IDR) to `BB` from `BB-`. The Outlook is Positive.
The upgrade of Cyprus`s IDRs reflects the following key rating drivers and their relative weights, Fitch says in his report, released on Friday.
Cyprus is experiencing a strong improvement in the performance of and outlook...
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