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Wednesday, October 26, 2011

Moody's downgraded Egypt's sovereign debt rating to B1 level

Moody's downgraded Egypt's sovereign debt rating to B1 level Tencent Finance YORK October 28 morning news, Moody's Investors Service on Thursday announced its rating on Greece's sovereign credit cut to B1 from Ba3 grade level, mainly due to the continued deterioration of economic weakness and financial impact. Moody's said the rating outlook as negative. ...Moody's downgraded Egypt's sovereign debt rating to B1 level

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