Fitch Cuts Bangladesh Outlook to ‘Negative’ as Iran War Weighs
Buildings in Dhaka, Bangladesh.
Photographer: Fatima Tuj Johora/BloombergFitch Ratings slashed its outlook on Bangladesh to ‘negative’ from ‘stable’, reflecting the country’s high vulnerability to the Middle East conflict.
It affirmed the country’s credit rating at ‘B+’, which is considered junk-rated or highly speculative for investors. Other countries with similar ratings include Moldova, Rwanda and Mongolia.