Moody's puts Israel's credit ratings on review for downgrade

By Agence France-Presse

Oct 21, 2023 12:05 am

WASHINGTON, D.C.: The US ratings agency Moody's has put the Israeli government's A1 credit ratings on review for downgrade, citing the 'unexpected and violent conflict between Israel and Hamas.'

The severity of the conflict, sparked by the deadly attack by Hamas on southern Israel on October 7, 'raises the possibility of longer lasting and material credit impact,' Moody's said in a statement Thursday.

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