Dijmarescu: Rating agencies could reassess Romania’s outlook at the end of 2009

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Credit rating agencies could reassess Romania’s outlook by the end of the year following the application of the provisions in the arrangement concluded with the International Monetary Fund, Deputy Governor of the National Bank of Romania (BNR) Eugen Dijmarescu said on Wednesday at the end of a Central and Easter-European Financial Forum.
Standard&Poor’s ratings agency on May 14 affirmed at BB plus /B Romania’s foreign currency rating and at BBB minus/A minus 3 the country’s local currency rating and affirmed at negative the country’s outlook.
Fitch Ratings rated at bb plus Romania’s long-term foreign rating and BBB minus its local currency rating, both with a negative outlook.
Moody’s affirmed this March Romania’s foreign currency rating at Baa3, stable outlook, investment grade.
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