On 21 November 2025, S&P Global Ratings upgraded Uzbekistan’s long-term sovereign credit ratings in both foreign and local currency from ‘BB-’ to ‘BB’, maintaining a stable outlook. Short-term ratings were affirmed at ‘B’, while the transfer and …

Chamwe Kaira  S&P Global Ratings has upgraded South Africa’s long-term sovereign ratings, raising the country from ‘BB-’ to ‘BB’ for foreign currency and from ‘BB’ to ‘BB+’ for local currency.  The outlook is positive, the South African National …

… to downgrade Senegal’s sovereign credit rating in late October 2025 triggered … the needs for huge foreign currency reserves for debt servicing. Second … , reduced access to credit, weaker currencies and a perception of crisis …

… , and South Africa’s foreign-currency credit rating being upgraded for the first … sensible,” he says. The local currency has been a beneficiary of … it upgraded South Africa’s credit rating for the first time in …

… range of 2-4%. The currency also remains stable below R18 … exit, and S&P credit rating upgrade to BB  (the first …

… credit-rating upgrade in nearly two decades, raising the long-term foreign-currency …

… the compounding effect of strengthened currency, compressed risk premiums, and declining … to international compliance demands and credit rating improvements, Mhlanga projected further upgrades …

… levels of galloping inflation, currency depreciation and frightening unemployment rate … the ambitious 0.4% target. Credit Rating: Progress in fiscal consolidation, debt … credit rating, with Fitch Ratings upgrading the country’s Long-Term Foreign-Currency …

… of 2 to 4%. The currency also remains stable below R18 … exit, and S&P credit rating upgrade to BB (the first …

… would support an AA-range credit rating. To maintain resilience, the institution … notes in major reserve currencies and local-currency financing in priority markets …