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KM Financial Solutions | S&P downgrades Lebanon’s credit rating amidst ongoing protests
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S&P downgrades Lebanon’s credit rating amidst ongoing protests

14 Nov S&P downgrades Lebanon’s credit rating amidst ongoing protests

Posted at 22:22h in News by
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S&P Global Ratings said on Friday that it
lowered Lebanon’s long-term and short-term foreign and local
currency sovereign credit ratings to ‘CCC/C’ from ‘B-/B’, citing
rising financial and monetary risks.

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