Mon Feb 9, 2009
Fitch Ratings has today affirmed the Republic of India's Long-term foreign currency and local currency Issuer Default Ratings (IDRs) at 'BBB-' (BBB minus). The Outlook on the foreign currency IDR remains Stable, and the Outlook on the local currency IDR remains Negative. At the same time, the agency has affirmed India's Short-term foreign currency IDR at 'F3' and Country Ceiling at 'BBB-' (BBB minus).
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