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Moody’s, Fitch cut Angola’s credit rating deeper into junk

Ratings agencies Moody’s and Fitch cut Angola’s credit rating further into Junk in recent weeks citing weak fiscal prospects, lower oil prices and a depreciating currency. Joining CNBC Africa for more and Angola’s MPC meeting is Rui Oliveira, CEO at BFA Asset Management.

Wed, 30 Sep 2020 10:42:46 GMT

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