All about the Nairobi Stock Exchange, USE, DSE, LUSE, GSE, FTSE & KENYA.
(Please see disclaimer at the bottom of the page)
Monday, February 02, 2009
Barclays credit rating downgraded
I think this may explain some of the fall in the share price week before last. It'll make for more expensive wholesale funding. Will it change Barclays' mind about accepting government funds? Definetely. I think it'll probably within the next 6 months as defaults rise...