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Fitch strikes again!

It seems, the economy rating won’t ever come to a silence andrest. This time, the US
rating agency Fitch has lowered the ratings for Spain, Italy, Cyprus, Belgium and Slovenia.
Cyprus has been hit very hard as they have BBB- which means that they’re only one rating
step away from junk rating. Although these news being published, the Euro didn’t loose.

The Euro rated 1.3208 after the friday currency business. That’s the highest value since mid of December 2011.

January 28, 2012 Netspark - 1594 posts - Member since: May 9th, 2011 No Comments »

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FILED UNDER :Economy&Finance , News
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