WOTS FRI OCT 1 21 Standard & Poor's announces its new rating for the Iraqi economy

My FX Buddies · Oct 2, 2021 · 12m

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Standard & Poor's announces its new rating for the Iraqi economy

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The report submitted by the agency {Standard & Poor's} on the credit rating praised the Iraqi economy's continuation of maintaining its credit rating as a result of the ongoing economic reforms of the financial policy in Iraq.

A statement by the Iraqi Ministry of Finance, of which the agency {Euphrates News} received a copy, stated that "the new classification comes to reflect the continued maintenance of the level of foreign currency reserves that exceeds the…