June 30, 2017 / 4:43 PM / 2 months ago

BRIEF-S&P affirms Republic of Iceland ratings at 'A/A-1'

June 30 (Reuters) - S&P Global Ratings :

* S&P says Republic of Iceland ratings affirmed at 'A/A-1'; Outlook stable

* S&P on Republic of Iceland says currently don't project a further increase in foreign exchange reserves beyond 2017

* S&P - Affirmation reflects view that ratings on Iceland will continue to be supported by high per capita income levels, favorable growth prospects

* S&P - Stable outlook balances potential for improvements in Iceland's fiscal position against the risks the economy overheating during next 2 years Source text : (bit.ly/2tu13i7)

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