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Published on 7/5/2013 in the Prospect News Emerging Markets Daily.

Fitch upgrades Mozambique

Fitch Ratings said it upgraded Mozambique's long-term foreign currency issuer default rating to B+ from B and affirmed the local currency IDR at B+.

The outlook is stable.

The short-term IDR is affirmed at B and the country ceiling upgraded to B+ from B.


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