February 13, 2018 / 2:16 AM / 2 months ago

BRIEF-Moody's says Azerbaijan's credit profile affected by legacy effects of oil shock

Feb 12 (Reuters) -

* MOODY’S SAYS AZERBAIJAN’S CREDIT PROFILE AFFECTED BY LEGACY EFFECTS OF OIL SHOCK AND LIMITED DIVERSIFICATION, DESPITE REBOUND IN OIL PRICES

* MOODY'S SAYS SHARP DEPRECIATION IN AZERBAIJAN'S CURRENCY & HIGH INFLATION, AND TIGHT FISCAL & MONETARY POLICIES, CONTINUE TO PRESSURE ECONOMY AND GOVERNMENT FINANCES‍​ Source: bit.ly/2G8SJr0

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