(Globes) - Fitch Ratings, the international rating agency, Tuesday revised the outlook on Israel's long-term foreign currency rating from Negative to Stable. Fitch's analsts wrote: "The foreign currency rating action acknowledges the continued stability and in some cases improvement in Israel's external indicators, an improved macroeconomic policy mix following measures taken in May and contained in the 2004 budget, an improved external environment, and signs of economic recovery."
2003-12-19 00:00:00Full ArticleBACK Visit the Daily Alert Archive