Wednesday 30, April 2008 by

Kazakhstan outlook revised to negative

Standard & Poor's Ratings Services said it had revised its outlook on the long-term sovereign credit ratings on Kazakhstan to negative from stable. At the same time, the BBB- long-term foreign currency, the BBB long-term local currency, the A-3 short-term sovereign credit ratings, and the kzAAA national scale ratings were affirmed. The BBB transfer and convertibility assessment on Kazakhstan was also affirmed.

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