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Fitch downgrade is not as bad as it seems

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There was more salt in the wounds for South Africa when Fitch announced that they were downgrading government's credit rating another notch, this follows the announcing by Moody's a week ago that they were also downgrading the credit rating.

South Africa’s Credit Rating History – 1994 to 2017

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Victor Mphaphuli | Co-head | STANLIB Fixed Income | media@stanlib.com | www.stanlib.com | South Africa’s economic history since 1994 when the country first asked global...

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