Israel’s Debt Rating in Jeopardy as Moody’s and Fitch Consider Downgrades

2023-10-21 04:16:16

Washington: Rating agency Moody’s is considering lowering Israel’s debt rating. Moody’s is moving ahead with measures to reduce Israel’s rating during the Gaza attack.

Moody’s has given Israel an A1 rating for issuing foreign and local currencies. The test is to reduce this.

Fitch Ratings issued a similar warning to Israel. Fitch has downgraded Israel’s credit score. Israel’s rating was not downgraded by any of the major companies in the wake of various conflicts and during the financial crisis. Even before the Gaza attack, Israel’s rating was in dire straits.

Israeli government measures to weaken the justice system have also affected the economy. This has put the country’s rating in dire straits. Last April, Moody’s downgraded Israel’s rating from positive to stable. Israel’s bonds have been underperforming in various markets.

Residential centers for Gaza residents, including refugee camps, land The cruelty of Israel continues. Residents of Northern Gaza asked to evacuate The flight is directed towards those who followed him and moved towards the north. Continuing. Israel says no part of Gaza is safe. Meanwhile, Israel responded with a warning that an attack was imminent. Defense Minister Yoav Gallant was present yesterday.

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