S&P Global Ratings on Wednesday cut Qatar's credit rating by one notch AA- and put it on watch for further downgrades after six Gulf partners severed ties.
Paris: S&P Global Ratings on Wednesday cut Qatar's credit rating by one notch AA- and put it on watch for further downgrades after six Gulf partners severed ties.
"We believe this will exacerbate Qatar's external vulnerabilities and could put pressure on economic growth and fiscal metrics," the ratings agency said.
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