Barbados’ credit rating lowered
Published:Thursday | June 11, 2009 | 9:20 AM
International ratings agency Standards and Poors has downgraded Barbados’ credit rating.
The island\'s long term foreign currency rating has been moved from
triple B plus to triple B.
But, the New York-based agency says Barbados’ economic outlook remains stable.
Standard and Poors says it expects the country’s economy to gradually recover in the next two years.
