IMF does ‘not recommend’ policies like UK growth plan; Moody’s says economic plan is ‘growth negative’; Pound trading down 0.5% to $1.0681; Bond strategists warn mar.
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By John Lee. Moody's Investors Service has assigned first time local currency long-term/short-term deposit ratings of B3/NP for National Bank of Iraq (NBI), and foreign currency long-term/short-term deposit rating of Caa1/NP. At the same time, the rating agency has assigned a Baseline Credit Assessment (BCA) of caa2, Adjusted BCA of b3, as well as long-term