Thursday 20 June 2013
 
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Moody's

Moody's cuts Egypt rating on 'unsettled' conditions

  Moody's Investors Service on Thursday downgraded Egypt's sovereign foreign currency credit rating to Caa1 form B3, citing unsettled political conditions, and said risks of a default have increased.  

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Moody's cuts Egypt rating, cites unrest

  Ratings agency Moody's cut Egypt's credit rating, citing doubts about its ability to secure International Monetary Fund support and the economic impact of a new round of political unrest.

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