Fitch affirms Latvia's credit rating at 'A-'
International rating agency Fitch Ratings has kept Latvia's credit rating at 'A-' with a stable outlook. The information was provided by the Latvian Ministry of Finance.
International credit rating agency Fitch Ratings has affirmed Latvia's sovereign credit rating at its current 'A-' level. The agency has also kept a stable outlook on the rating, meaning no change to the rating is signalled for the near term.
The Latvian Ministry of Finance reported the agency's decision.
A credit rating is an agency's assessment of a country's ability to meet its debt obligations on time. Such assessments are one of the indicators investors consider when evaluating a country's financial position.
The information available from the source is brief, and it does not include a detailed explanation of the agency's decision.
