Libya denied the rating Fitch

Wednesday, April 13, the international rating agency Fitch Ratings downgraded the long-term issuer default ratings (IDR) of Libya to foreign and local currency from BB to B (with a lower level of creditworthiness sufficient to insufficient level). After lowering ratings were withdrawn. downgrade reflects the political instability in a country where a civil war, as well as the suspension of oil production and freezing of foreign assets of the Libyan Government, caused by introduction of UN Security Council sanctions. Feedback ratings dictated by the lack of data for monitoring, explained to analysts. It should be noted that international rating agencies have repeatedly lowered the ratings of Libya, but so far the ratings are not spoken. The civil war began in mid-February 2011 after mass protests against the regime of the country's leader Muammar Gaddafi. It is the confrontation of troops and rebels continued Gadhafi. The agency's decision influenced by the lack of information and Civil War