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'Moody's' upgrades Israel's credit rating to A1

International credit ratings firm 'Moody's' upgraded Israel's credit rating to A1 - which is equal to the A+ awarded by Standard, Poor's and Fitch - this after the latter two companies upgraded Israel's rating several short months ago.

 

Finance Minister Ronnie Bar-On said in response that "particularly in these times of instability and an international credit crisis, Israel's economy is being recognized for its fortitude and stability." (Adrian Filut)