Kazakh c bank says expects rating upgrade

KAZAKHSTAN - Kazakhstan's central bank said on Wednesday it expected the country's sovereign credit rating to be upgraded this year and to reach investment rating level next year, paving the way for large scale portfolio investment, reports Reuters.

The vast, resource-rich nation of 15 million people is seen as the leader in market reforms among the 12 nations of the post-Soviet Commonwealth of Independent States. It has "BB" credit ratings from Standard & Poor's and Fitch and a "Ba2" rating f

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