Press Today

Moody’s Lebanon downgrade is sudden, hasty: experts

Farah-Silvana Kanaan- Moody’s downgrade of Lebanon’s long-term investment rating is surprising and hasty, Byblos Bank’s chief economist Nassib Ghobril told The Daily Star.“The downgrade by Moody’s comes as a surprise. It was very sudden, especially considering the motivation they provided or, rather, the lack thereof,” Ghobril said.
Read full article