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Emerging market credit ratings are finally looking up again

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Nigeria,Economy

ANALYSIS | Emerging market credit ratings are finally looking up again

LONDON, May 22 - From Brazil, Nigeria and Turkey to even some of the riskiest emerging markets such as Egypt and Zambia, evidence is growing that a decade-long deterioration in sovereign credit ratings has finally started to reverse.

Economists watch ratings because they influence a country's borrowing costs and many are now highlighting a turnaround that seems incongruous with the usual warnings about rising debt pressures.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism.

 

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