Ratings agencies Moody’s and Fitch cut Angola’s credit rating further into Junk in recent weeks citing weak fiscal prospects, lower oil prices and a depreciating currency. Joining CNBC Africa for more and Angola’s MPC meeting is Rui Oliveira, CEO at BFA Asset Management.
Moody’s, Fitch cut Angola’s credit rating deeper into junk
PUBLISHED: Wed, 30 Sep 2020 10:42:46 GMT