Fitch revises outlook on Kazakhstans rating to positive.

By bne IntelliNews December 21, 2010
Fitch revised Kazakhstans long-term debt rating to positive from stable. At the same time, the agency confirmed long-term foreign and local currency ratings at BBB- and BBB. The revision reflects recovery of the countrys economy which is mirrors in economic GDP, better balance of payments, some signs of stabilization of the banking system and decreasing of budget deficit.

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