NZ placed on negative watch on growth fears

New Zealand's sovereign ratings were under threat on Wednesday after Fitch, one of the big three ratings agencies, placed the country on negative watch.

Fitch affirmed New Zealand's long-term foreign-currency rating at AA+, its long-term local-currency rating at triple A and its short-term foreign-currency rating at F1+, but said it had revised the outlook on ratings from negative to stable.

The rating agency said the revision reflected concern about the medium-term growth outlook given the coun

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: