Economic developments for commodity exporters after a fall in prices vary significantly depending on the type of commodity, with oil exporters suffering the biggest shortfall in activity, according to research by US based Moody’s Investors Service.
Tag: Moody’s
Moody’s Downgrades SA Credit Rating
MOODY’S Investors Service (Moody’s) has downgraded South Africa’s investment grade credit ratings, the National Treasury said on Thursday.
Oil Production Recovery Set To Trigger Rapid Growth In Congo
THE Republic of Congo’s (Ba3 stable) oil sector is set to recover strongly from 2015 onwards, which could boost the country’s economic growth by 7.5% over the next few years and support the country’s rating, says Moody’s Investors Service in its annual Credit Analysis report published today. However, the rating agency notes that Congo’s small […]