Moody's lowers T&T's outlook to negative

Moody's: Government measures may not address forex decline - Trinidad and Tobago Newsday

MOODY's ratings agency is concerned that measures outlined by government to address the decline in foreign exchange (forex) reserves may not be sufficient to achieve this task. The firm said this was the reason why it decided to change government's outlook from stable to negative and affirm the Ba2 long-term local and foreign currency issuer and senior unsecured ratings. In its report, Moody's said, "The change in outlook to negative reflects ri…

Moody's lowers T&T's outlook to negative

(Trinidad Express) International ratings agency Moody’s has revised Trinidad and Tobago’s outlook from stable to negative, citing short-term risks tied to falling official foreign exchange reserves. The article Moody’s lowers T&T’s outlook to negative appeared first on Stabroek News.

FOREX FALLOUT: Moody's lowers T&T's outlook to negative

International ratings agency Moody’s has revised Trinidad and Tobago’s outlook from stable to negative, citing short-term risks tied to falling official foreign exchange reserves.