Rwanda credit profile reflects institutional strength – Moody’s

PUBLISHED: Thu, 26 Oct 2017 14:34:15 GMT

The latest note on Rwanda from Moody’s Investors Service has showed that the East African economy has a more robust institutional framework than most of its Sub-Saharan African peers, which is important credit strength. The rating agency has however highlighted a possibility of negative credit pressure if external headwinds prove more persistent and the balance of payments deteriorates more than forecasted, eroding foreign-exchange reserves. Elisa Parisi-Capone, Vice President and Sovereign Analyst, Moody’s joins CNBC Africa for more.

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