Saturday, March 1, 2008

Rwanda affirmed at 'B-/B' with positive outlook - Fitch

Copyright Thomson Financial News Limited 2007. All rights reserved.

"MUMBAI (Thomson Financial) - Fitch Ratings said it affirmed Rwanda's long-term foreign and local currency issuer default ratings at 'B-' with positive outlooks, buoyed by a strong growth record since its recovery from the genocide in 1994 and less volatile growth since 2004.

The ratings agency also affirmed the short-term IDR at 'B' and country ceiling at 'B-'."

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