Fitch affirms CR’s rating at AA-

Published: 25.01.2021 Related countries:  Czech Republic Czech Republic

Czech Republic’s rating denotes expectations of a very low level of default risk.

Fitch Ratings has affirmed the rating of the Czech Republic’s credit reliability for long-term commitments in the local and foreign currency at AA-. The agency appreciates the stable fiscal and monetary policy, a strong institutional framework, and a good position of Czech public finances in terms of the rate of indebtedness. The rating outlook is stable.

Source: ČIA NEWS, January 25th, 2021
Compiled by the team of CzechTrade office in Riga.