Fitch affirms Latvia's IDR rating at "A-"

RIGA, Nov. 16 (Xinhua) -- Fitch Ratings has affirmed Latvia's Long-Term Foreign-Currency Issuer Default Rating (IDR) at "A-", but its outlook on Latvia's rating was revised to stable from positive.

Latvia's "A-" rating reflects a credible economic policy framework supported by EU and eurozone membership, lower, albeit rising, government debt levels and debt servicing costs than rating peers, and moderate private