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Fitch affirms Singapore's 'AAA' sovereign ratings
But growth outlook is dimmer as agency trims forecast for 2015 to 2016
Add BT as a preferred sourcePublished Mon, Nov 30, 2015 · 09:50 PM
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Singapore
CREDIT-rating agency Fitch Ratings, with its eye on Singapore's strong economic fundamentals, has affirmed the "AAA" sovereign ratings on the country with stable outlook, but trimmed its growth forecast.
Fitch said in a statement on Monday that it affirmed Singapore's long-term foreign and local-currency issuer default ratings (IDRs) at "AAA". It also affirmed the country's short-term foreign currency IDR at "F1+" and its country ceiling at "AAA". Fitch's outlook on the ratings remains stable.
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