BAKU, Azerbaijan, Dec. 10
By Fakhri Vakilov-Trend:
Fitch Ratings international rating agency affirmed Uzbekistan’s capital of Tashkent's long-term credit rating in foreign and national currencies at “BB-” with a stable outlook at the level of sovereign rating, Trend reports citing the agency.
Moreover, the assessment of resistance to debt load is confirmed at the level of "AA".
Fitch first assigned Tashkent a long-term credit rating of “BB-” in June 2019.
Fitch Ratings is the US Corporation, known primarily as one of the three most respected international rating agencies, along with Standard & Poor’s and Moody’s. A positive rating from an agency such as Fitch Ratings is a kind of guarantee for investors of the financial reliability of a business, city or state.
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