ALL POSTS FILED UNDER: FITCH
Oil to still end year at $57 – Fitch
Add a CommentBMI, the research outfit of Fitch Ratings is maintaining its earlier forecast that the price of Brent crude oil will end the year at US$57.0 per barrel on the average. This is against the current price of US$46.51 per barrel … Read more →
BoG to continue policy rate cut – Fitch report
Add a CommentTHE Bank of Ghana (BoG) will continue its easing cycle, Ratings Agency, Fitch has stated in a report, adding the regulator will review downwards its policy rate forecast for the end of 2017. “The latest cut came on the back … Read more →
Fitch upgrades Ghana’s economic outlook from negative to stable
Add a Comment-From negative to stable and says govt is making progress CREDIT Ratings Agency, Fitch, has upgraded Ghana’s outlook from negative to stable, saying the new government was making progress in stabilising the economy after a period of crisis. It, however, … Read more →
Fitch warns Ghana over deteriorating debt situation
Add a CommentCredit ratings agency, Fitch Ratings has warned that Ghana’s fiscal and external deficits leave the country vulnerable to domestic and external shocks, including low oil prices and tight financing conditions. It added that the result has been lower growth of … Read more →
Fitch keeps Ghana’s credit ratings at B but with negative outlook
Add a CommentRatings agency Fitch has kept Ghana’s credit ratings but has given the country a negative outlook. According to the agency it kept the rate unchanged, because some progress was made by government in its fiscal consolidation program. FITCH is however worried … Read more →
Fitch rates Ghana’s sovereign rating at ‘B’ with negative outlook
Add a CommentFitch Ratings has affirmed Ghana’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘B’ with Negative Outlooks. The ratings agency has also affirmed Ghana’s Short-term foreign currency IDR at ‘B’ and Country Ceiling at ‘B’. The issue ratings … Read more →
Statement: Bank of Ghana reacts to Fitch
Add a CommentThe issuance of currency by the Bank of Ghana is not to finance the government deficit, but to support general economic activity, the Central Bank has maintained. In a statement to react to claims by rating agency Fitch that the … Read more →
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