Barbados Central Bank Responds to Downgrade from Standard and Poor's

http://www.caribbeanpressreleases.com/articles/9659/1/Barbados-Central-Bank-Responds-to-Downgrade-from-Standard-and-Poors/Page1.html

S Coward

By S Coward

Published on 18-Jul-12

Bridgetown - July 18, 2012 - Today Standard and Poor’s (S&P;) announced that it had lowered Barbados’ foreign-currency credit rating from 'BBB-/A-3' to 'BB+/B'. The downgrade says to the investment community that Barbados' foreign debt has become more risky, which is manifestly not the case.