Fitch Affirms Morocco at 'BBB-'; Outlook Stable
Fitch Ratings has affirmed Morocco's Long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BBB-' and 'BBB' respectively. The issue ratings on Morocco's senior unsecured foreign- and local-currency bonds are also affirmed at 'BBB-' and 'BBB' respectively. The Outlooks on the Long-term IDRs are Stable. The Country Ceiling is affirmed at 'BBB' and the Short-term foreign-currency IDR at 'F3'.