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Guernsey’s outlook “stable” despite global economic storms, says S&P

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Ratings service Standard & Poor’s has reaffirmed its view of Guernsey’s financial and economic stability after giving the territory the highest rating possible against its newly revised technical scoring methodology.

The changes in the methodology mean that Guernsey's sovereign credit rating has been revised to AA+, which is now the highest rating a jurisdiction without its own currency is likely to achieve.

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