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Shredd says that the CREDIT RATING has No direct correlation to the exchange rate but will be very very good for investment once acquired.
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Shredd says that the CREDIT RATING has No direct correlation to the exchange rate but will be very very good for investment once acquired.
Shredd
Article quote: "Iraq is seeking to get the sovereign rating and continue with credit rating agencies, "explaining that "seeks to connect with two or three credit rating agencies."
We've known they have been working on this for quite some time. It's good to see this back in the news.
Having a sovereign credit rating will open many investment opportunities for investors and investment vehicles who've been waiting for this. No direct correlation to the exchange rate but will be very very good for investment once acquired.
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