FIRST TIME: Moody’s Downgrades Kuwait Over Increased Liquidity Risks
Posted on 09/23/2020
Ratings agency Moody’s Investors Service downgraded the sovereign credit rating of Kuwait by two levels to A1, pushing Kuwait on par with Saudi Arabia and China. Moody’s is ranking Kuwait two levels lower than Fitch Ratings and one below S&P Global Ratings. Moody’s Investors Service lowered Kuwait’s rating over the government’s liquidity risks. Kuwait has […]
