by Dispatch Risk Analysis | Jun 8, 2023 | Economic, Tunisia
Tunisia: Fitch Downgrades Default Rating as Foreign Reserves Slump Summary: This week, New York-based Fitch Ratings downgraded Tunisia’s long-term foreign currency issuer default rating from CCC+ to CCC-, further confirming the country’s lack of creditworthiness....
by Dispatch Risk Analysis | Dec 2, 2022 | Economic, Tunisia
Tunisia: Fitch Upgrades Default Rating, Warns of Inflation Summary: On Thursday, 1 December 2022, Fitch Ratings released a comprehensive report, noting an overall upgrade from CCC to CCC+ for Tunisia’s Long-Term Foreign Currency Issuer Default Rating (IDR). The...
by Dispatch Risk Analysis | Oct 6, 2022 | Economic, Tunisia
Tunisia: Central Bank Risks Rate Increases to Combat Looming Inflation Summary: On 5 October 2022, the Central Bank of Tunisia announced a 25 basis point increase in interest rates as a means to combat inflation that is exacerbating the country’s growing financial...