Spreadsheet: rick_buy__32741__Base_ERatings_053001_all countries
Sheet: Country Risk Rating May 2001

 | Enron Risk Assessment and Control Country Risk Ratings Summary - May 2001
 | Country Name | Currency | Code | E-Rating * | E Rating 1-12 | Change |  | OPIC | S&P  /  Moody's | S&P/ Moody's | S&P Outlook | [NAME] |  | Euromoney |  | EIU |  |  |  | Institutional Investor |  |  |  | Int.Country Risk Guide |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Business Risk (BR) |  | IMF FX
 |  |  |  |  |  |  |  |  |  |  |  |  |  | Score | Rank | Rating | Score | Score | Change | Rank | Score | Score Dec 00 | 6-month change | Pol. | Fin. | Eco. | Short-Term |  |  | Long-Term |  |  | Short-Term |  |  | Long-Term |  |  | 1-10 |  | Arrangement
 |  |  |  | 2001-05-01 00:00:00 | 2000-12-31 00:00:00 |  |  |  | 2001-05-02 00:00:00 | 2000-12-01 00:00:00 | 2001-05-01 00:00:00 | 2000-12-22 00:00:00 | 2001-05-01 00:00:00 | 2001-03-01 00:00:00 |  | 4Q 00 |  | 3Q 00 |  | 2001-03-01 00:00:00 |  |  |  | 2001-03-01 00:00:00 |  |  | [NAME] | Direct Investment | Export Market | [NAME] | Direct Investment | Export Market | [NAME] | Direct Investment | Export Market | [NAME] | Direct Investment | Export Market | Short-Term | Long-Term | 2001-05-01 00:00:00
 | Afghanistan | Afghani | AFA |  | 12 |  |  | N | * | * | * | * | * | 4.55 | 184 |  | * | * |  | 145 | 7.8 | 6.5 |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | Albania | Lek | ALL |  | 11 |  |  | Y | * | * | * | * | * | 31.05 | 125 |  | * | * |  | 128 | 14.9 | 15.8 |  | 59 | 33 | 32.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | Algeria | Dinar | DZD |  | 11 |  |  | Y | * | * | * | * | * | 40.45 | 85 |  | 45 | 48 |  | 80 | 31.6 | 33.1 |  | 41 | 38.5 | 41 | B- | B | C+ | B- | B | B- |  |  |  |  |  |  |  |  | Managed float
 | Andorra | Peseta | ADP |  | 12 |  |  | N |  |  | * |  |  |  | * |  | * |  |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Euro
 | Angola | New Kwanza | AOK |  | 12 |  |  | Y | * | * | * | * | * | 25.13 | 159 |  | 79 | 80 |  | 133 | 12.6 | 11.9 |  | 47 | 24 | 26.5 | B | B- | C+ | C+ | B- | C |  |  |  |  |  |  |  |  | Indep. Float
 | Antigua & Barbuda | [NAME]. Dollar | XCD |  | 9 |  |  | Y | * | * | * | * | * | 23.61 | 166 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to USD
 | Argentina | Peso | ARS | 9 | 9 |  |  | Y | B/B2 | BB-/B1 | Negative | BB | [NAME] | 53.18 | 66 |  | 50 | 53 |  | 68 | 39.8 | 45.8 |  | 72 | 28.5 | 38 | [NAME] | [NAME] | B- | [NAME] | B | [NAME] |  |  |  |  |  |  |  |  | Peg to USD
 | Armenia | [NAME] | AMD |  | 11 |  |  | Y | * | * |  | * | * | 32.77 | 114 |  | * | * |  | * | * | * |  | 55 | 31.5 | 31.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | Australia | Dollar | AUD | 1 | 1 |  |  | N | AA+/Aa2 | AA+/Aa2 | Stable | AA | AA | 87.77 | 19 |  | 26 | 27 |  | 21 | 79 | 82.1 |  | 87.5 | 33 | 39.5 | B | [NAME] | [NAME] | A | A | A |  |  |  |  |  |  |  |  | Indep. Float
 | Austria | Schilling/Euro | ATS | 1 | 1 |  |  | N | AAA/Aaa | AAA/Aaa | Stable | AAA | AAA | 93.81 | 10 |  | * | * |  | 9 | 89.5 | 87.1 |  | 85.5 | 42 | 40.5 | A+ | A | A | A | A | A- |  |  |  |  |  |  |  |  | Peg to Euro
 | Azerbaijan | Manat | AZS |  | 11 |  |  | Y | * | * | * | [NAME] | * | 37.71 | 96 |  | 52 | 52 |  | * | * | * |  | 59 | 36.5 | 31.5 | B- | B | B- | B- | B- | B- |  |  |  |  |  |  |  |  | [NAME] to Comp.
 | Bahamas | Dollar | BSD |  | 3 |  |  | Y | */A3 | */A3 | * | * | * | 65.55 | 40 |  | * | * |  | 32 | 62.7 | 70.7 |  | 82 | 31 | 35.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to USD
 | Bahrain | Dinar | BHD |  | 4 |  |  | Y | */Ba1 | */Ba1 | * | BBB- | BBB- | 67.23 | 38 |  | 33 | 35 |  | 45 | 55.7 | 54.6 |  | 66 | 43.5 | 37.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | [NAME] to SDR
 | Bangladesh | Taka | BDT |  | 11 |  |  | Y | * | * | * | * | * | 35.02 | 105 |  | 57 | 60 |  | 91 | 27.4 | 28.4 |  | 53.5 | 36 | 33.5 | B | B | B | B | C+ | B- |  |  |  |  |  |  |  |  | [NAME] to Comp.
 | Barbados | Dollar | BBD |  | 4 |  |  | Y | A-/Baa2 | A-/Baa2 | Stable | * | * | 54.53 | 59 |  | * | * |  | 46 | 53.5 | 54.6 |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to USD
 | Belarus | Rouble | BES |  | 12 |  |  | N | * | * | * | * | * | 30.13 | 131 |  | * | * |  | 130 | 14 | 14.4 |  | 56 | 33 | 29 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Managed float
 | Belgium | Franc/Euro | BEF |  | 1 |  |  | N | AA+/Aa1 | AA+/Aa1 | Stable | AA- | AA- | 86.54 | 20 |  | 25 | 25 |  | 14 | 86.9 | 83.1 |  | 82 | 38.5 | 43.5 | A+ | A | A | A | A | A |  |  |  |  |  |  |  |  | Peg to Euro
 | Belize | Dollar | BZD |  | 7 |  |  | Y | BB/Ba2 | */Ba2 | Stable | * | * | 40.74 | 84 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to USD
 | Benin | CFA Franc | XOF |  | 11 |  |  | Y | * | * | * | * | * | 26.66 | 151 |  | * | * |  | 118 | 17 | 17 |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Euro
 | Bhutan | Ngultrum | BTN |  | 11 |  |  | N | * | * | * | * | * | 29.85 | 135 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Indian Rupee
 | Bolivia | Boliviano | BOP | 9 | 9 |  |  | Y | B+/B1 | B+/B1 | Stable | * | * | 42.3 | 81 |  | 52 | 51 |  | 84 | 29 | 28.6 |  | 70 | 35 | 33 | [NAME] | A | B- | C- | B | C |  |  |  |  |  |  |  |  | Crawling peg
 | Bosnia & Herzegovina | Convertible Marka | KM |  | 12 |  |  | Y | * | * | * | * | * | 31.13 | 124 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to DM
 | Botswana | Pula | BWP |  | 9 |  |  | Y | A/A2 | * | Stable | * | * | 54.64 | 58 |  | 27 | 29 |  | 48 | 52.4 | 56.1 |  | 77 | 42.5 | 38.5 | [NAME] | A- | A- | B | [NAME] | B |  |  |  |  |  |  |  |  | Peg to Composite
 | Brazil | Real | BRL | 9 | 8 |  |  | Y | BB-/B1 | B+/B1 | Stable | BB- | BB- | 53.37 | 64 |  | 52 | 56 |  | 63 | 43.7 | 45 |  | 62 | 29.5 | 35.5 | C+ | [NAME] | B | B | [NAME] | B |  |  |  |  |  |  |  |  | Indep. Float
 | Brunei | Brunei Dollar | BND |  | 5 |  |  | N | * | * |  | * | * | 67.1 | 39 |  | * | * |  | * | * | * |  | 77 | 49 | 46.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Singapore$
 | Bulgaria | [NAME] | BGL | 9 | 9 |  |  | Y | B+/B2 | B+/B2 | Positive | [NAME] | [NAME] | 46.32 | 76 |  | 43 | 45 |  | 74 | 35 | 37.1 |  | 65.5 | 35.5 | 35 | A | A+ | A+ | [NAME] | A | [NAME] |  |  |  |  |  |  |  |  | Peg to DM
 | [NAME] | CFA Franc | XOF |  | 12 |  |  | Y | * | * | * | * | * | 29.91 | 133 |  | * | * |  | 111 | 18.4 | 19.8 |  | 64 | 32 | 30 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Euro
 | Burundi | [NAME] | XOF |  | 11 |  |  | N |  |  | * |  |  | 26.96 | 149 |  | * |  |  | 135 | 12 | 15.6 | 6 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Managed float
 | Cambodia | [NAME] | [NAME] |  | 12 |  |  | Y | * | * | * | * | * | 25.61 | 157 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Managed float
 | Cameroon | CFA Franc | XAF |  | 12 |  |  | Y | * | * | * | * | * | 30.89 | 126 |  | 58 | 62 |  | 123 | 16.2 | 16.3 |  | 57 | 31.5 | 38.5 | C+ | B | C | C | C | C- |  |  |  |  |  |  |  |  | Peg to Euro
 | Canada | Can. Dollar | CAD | 1 | 1 |  |  | N | AA+/Aa1 | AA+/Aa1 | Stable | AA | AA+ | 90.95 | 15 |  | 20 | 20 |  | 10 | 88.2 | 89.6 |  | 88 | 39 | 40.5 | A | A+ | A | A- | A+ | A |  |  |  |  |  |  |  |  | Indep. Float
 | Cape Verde | Escudo | CVE |  | 12 |  |  | Y | * | * | * | * | * | 31.88 | 120 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Port. Escudo
 | Central African Republic | CFA Franc | XAF |  | 12 |  |  | Y | * | * | * | * | * | 24.79 | 161 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Euro
 | Chad | CFA Franc | XAF |  | 12 |  |  | Y | * | * | * | * | * | 24.7 | 162 |  | * | * |  | 126 | 15.5 | 13.9 |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Euro
 | Chile | Peso | [NAME] |  | 4 |  |  | Y | A-/Baa1 | A-/Baa1 | Stable | A- | A- | 69.63 | 36 |  | 26 | 27 |  | 28 | 65.7 | 67.2 |  | 74 | 37 | 37.5 | [NAME] | [NAME] | [NAME] | B | B | B |  |  |  |  |  |  |  |  | Indep. Float
 | China | Yuan (Renminbi) | CNY | 7 | 7 |  |  | N | BBB/A3 | BBB/A3 | Stable | A- | A- | 62.99 | 46 |  | 40 | 39 |  | 40 | 58.6 | 60.6 |  | 63 | 45.5 | 39 | C+ | B | B- | B | B- | B- |  |  |  |  |  |  |  |  | Peg to Composite
 | Colombia | Peso | COP | 8 | 8 |  |  | Y | BB/Ba2 | BB/Ba2 | Negative | BB+ | BB+ | 50.84 | 70 |  | 55 | 54 |  | 67 | 40.5 | 44 |  | 46 | 37 | 34.5 | A- | B | B- | C | B- | C+ |  |  |  |  |  |  |  |  | Indep. Float
 | Comoros | Comorian franc | KMF |  | 12 |  |  | N |  |  | * |  |  |  | * |  | * |  |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Euro
 | Congo (Republic) | CFA Franc | XAF |  | 11 |  |  | Y | * | * | * | * | * | 24.3 | 163 |  | * | * |  | 139 | 11 | 11.1 |  | 51 | 29.5 | 37.5 | B | B | B | B- | B- | B- |  |  |  |  |  |  |  |  | Peg to Euro
 | Congo DR (Zaire) | Franc | CDF |  | 11 |  |  | Y | * | * | * | * | * | 7.72 | 182 |  | 95 | 95 |  | 142 | 10.2 | 8.8 |  | 32 | 35 | 29.5 | C | C | C | C+ | [NAME] | C- |  |  |  |  |  |  |  |  | Indep. Float
 | Costa Rica | Colon | CRC |  | 6 |  |  | Y | BB/Ba1 | BB/Ba1 | Positive | BB | BB | 53.67 | 62 |  | 42 | 42 |  | 60 | 44.4 | 47.5 |  | 81 | 38 | 34 | [NAME] | A- | A- | [NAME] | A- | A- |  |  |  |  |  |  |  |  | Crawling peg
 | Côte d'Ivoire | CFA Franc | XAF |  | 11 |  |  | N | * | * |  | * | * | 30.08 | 132 |  | 66 | 65 |  | 104 | 21.7 | 24.1 |  | 52 | 27 | 32.5 | B- | B | C+ | C- | C- | C- |  |  |  |  |  |  |  |  | Peg to Euro
 | Croatia | Kuna | HRK | 5 | 5 |  |  | Y | BBB-/Baa3 | BBB-/Baa3 | Stable | BB+ | BB+ | 55.52 | 55 |  | 47 | 54 |  | 65 | 43.2 | 45.8 |  | 71 | 37.5 | 36.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Managed float
 | Cuba | Peso | CUP |  | 12 |  |  | N | */Caa1 | */Caa1 | Stable | * | * | 10.93 | 181 |  | 62 | 64 |  | 131 | 13.5 | 14.1 |  | 60 | 31.5 | 34.5 | C | C- | C | C+ | C+ | C |  |  |  |  |  |  |  |  | Not Member
 | Cyprus | [NAME] | CYP | 3 | 3 |  |  | Y | A/A2 | A/A2 | Stable | * | * | 75.92 | 30 |  | 43 | 46 |  | 42 | 57 | 61.1 |  | 74 | 43 | 39.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Euro
 | Czech Republic | Koruna | CZK | 4 | 4 |  |  | Y | A-/Baa1 | A-/Baa1 | Stable | BBB+ | BBB+ | 64.2 | 41 |  | 33 | 32 |  | 35 | 60.7 | 60.9 |  | 74 | 39 | 34.5 | [NAME] | A- | A- | [NAME] | A | [NAME] |  |  |  |  |  |  |  |  | Managed float
 | Denmark | [NAME] | DKK |  | 1 |  |  | N | AAA/Aaa | AA+/Aaa | Stable | AA+ | AA+ | 94.68 | 4 |  | * | * |  | 11 | 88.1 | 88.9 |  | 92 | 41 | 43.5 | A+ | [NAME] | A+ | A | A- | A |  |  |  |  |  |  |  |  | Peg to Euro
 | Djibouti | D Franc | DJF |  | 12 |  |  | Y | * | * | * | * | * | 24.99 | 160 |  | 10 | 10 |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to USD
 | Dominica | [NAME]. Dollar | XCD |  | 11 |  |  | Y | * | * | * | * | * | 31.89 | 119 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to USD
 | Dominican Republic | Peso | DOP | 12 | 12 |  |  | Y | B+/B1 | B+/B1 | Stable | * | * | 43.87 | 80 |  | 46 | 48 |  | 76 | 34.3 | 37 |  | 72 | 37 | 36 | B | B | B- | C+ | B | B- |  |  |  |  |  |  |  |  | Managed float
 | Ecuador | Sucre/ Dollar | ESS |  | 11 |  |  | Y | CCC+/Caa2 | B-/Caa2 | Negative | * | * | 32.9 | 113 |  | 70 | 70 |  | 106 | 19.6 | 18.3 |  | 55 | 33 | 29.5 | B- | B | C | D | [NAME] | D- |  |  |  |  |  |  |  |  | Peg to USD
 | Egypt | Pound | EGP |  | 6 |  |  | Y | BBB-/Ba1 | BBB-/Ba1 | Negative | BBB- | BBB- | 54.52 | 60 |  | 40 | 40 |  | 56 | 47.5 | 51 |  | 66 | 37.5 | 35.5 | B | B- | B | B | B- | B- |  |  |  |  |  |  |  |  | Peg to USD
 | El Salvador | Colon | SVC |  | 6 |  |  | Y | BB+/Baa3 | BB+/Baa3 | Stable | BB+ | BB+ | 50.15 | 71 |  | 40 | 40 |  | 69 | 38.7 | 46.3 |  | 70 | 41.5 | 35.5 | [NAME] | B | [NAME] | [NAME] | B- | B |  |  |  |  |  |  |  |  | Managed float
 | Equatorial Guinea | CFA Franc | XAF |  | 12 |  |  | Y | * | * | * | * | * | 28.37 | 143 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Euro
 | Eritrea | Nafka | ERN |  | 12 |  |  | Y | * | * | * | * |  | 21.68 | 172 |  | * |  |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | Estonia | [NAME] | EEK | 4 | 4 |  |  | Y | BBB+/Baa1 | BBB+/Baa1 | Positive | BBB | BBB+ | 63.75 | 44 |  | 30 | 35 |  | 47 | 53.2 | 55.1 |  | 77 | 37 | 38.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to DM
 | Ethiopia | Birr | ETB |  | 11 |  |  | Y | * | * | * | * | * | 26.65 | 152 |  | * | * |  | 127 | 15.2 | 15.9 |  | 59 | 27.5 | 32.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Managed float
 | Fiji | Dollar | FJD |  | 7 |  |  | Y | */Ba2 | */Ba2 | * | * | * | 39.08 | 90 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | [NAME] to composite
 | Finland | Markka/Euro | FIM |  | 1 |  |  | N | AA+/Aaa | AA+/Aaa | Positive | AAA | AAA | 93.87 | 9 |  | * | * |  | 12 | 87.5 | 89.1 |  | 93 | 37.5 | 46.5 | A | A | A+ | A | A | A+ |  |  |  |  |  |  |  |  | Peg to Euro
 | France | Franc/Euro | FRF |  | 1 |  |  | N | AAA/Aaa | AAA/Aaa | Stable | AAA | AAA | 93.97 | 8 |  | 35 | 35 |  | 5 | 92.9 | 93.6 |  | 79 | 39 | 43 | A | A- | A- | [NAME] | B | [NAME] |  |  |  |  |  |  |  |  | Peg to Euro
 | Gabon | CFA Franc | XAF |  | 10 |  |  | Y | * | * | * | * | * | 32.7 | 115 |  | 50 | 53 |  | 102 | 22.4 | 23.8 |  | 62 | 35.5 | 38 | C+ | B | C+ | C+ | B- | B- |  |  |  |  |  |  |  |  | Peg to Euro
 | Gambia, The | Dalasi | GMB |  | 11 |  |  | N | * | * | * | * | * | 30.64 | 128 |  | 62 | 62 |  | * | * | * |  | 68 | 30.5 | 33 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | Georgia | Lari | GEL |  | 12 |  |  | Y | * | * | * | * | * | 26.8 | 150 |  | * | * |  | 112 | 18.2 | 21 |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Managed float
 | Germany | Mark/Euro | DEM | 1 | 1 |  |  | N | AAA/Aaa | AAA/Aaa | Stable | AAA | AAA | 94.41 | 6 |  | * | * |  | 2 | 94 | 94.6 |  | 88 | 39 | 41 | A- | A- | A- | [NAME] | A | [NAME] |  |  |  |  |  |  |  |  | Peg to Euro
 | Ghana | Cedi | GHC |  | 9 |  |  | Y | * | * | * | * | * | 38.15 | 93 |  | 60 | 62 |  | 92 | 27.2 | 29.5 |  | 65 | 21 | 26.5 | C | [NAME] | C+ | C | A- | C+ |  |  |  |  |  |  |  |  | Indep. Float
 | Greece | Drachma/Euro | GRD | 3 | 3 |  |  | Y | A/A2 | A-/A2 | Positive | A- | A- | 82.35 | 25 |  | 28 | 30 |  | 25 | 71.2 | 70 |  | 80 | 33 | 40 | [NAME] | [NAME] | [NAME] | [NAME] | [NAME] | A- |  |  |  |  |  |  |  |  | Peg to Euro
 | Grenada | [NAME]. Dollar | XCD |  | 11 |  |  | Y | * | * | * | * | * | 31.39 | 123 |  | * | * |  | 98 | 24.6 | 25.5 |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to USD
 | Guatemala | Quetzal | GTQ | 7 | 7 |  |  | Y | */Ba2 | */Ba2 | Stable | * | * | 45.2 | 78 |  | 57 | 57 |  | 78 | 32.6 | 37.1 |  | 64 | 40 | 35 | A- | [NAME] | [NAME] | C+ | B- | C+ |  |  |  |  |  |  |  |  | Managed float
 | Guinea | Guinean franc | GNS |  | 12 |  |  | Y | * | * | * | * | * | 26.07 | 154 |  | 61 | 61 |  | 128 | 14.9 | 15.1 |  | 50 | 32.5 | 34 | C+ | B | B- | C+ | B- | B- |  |  |  |  |  |  |  |  | Indep. Float
 | Guinea-Bissau | CFA Franc | XAF |  | 12 |  |  | N | * | * | * | * | * | 20.93 | 174 |  | * | * |  | * | * | * |  | 54 | 20 | 24.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Euro
 | Guyana | Dollar | GYD |  | 11 |  |  | Y | * | * | * | * | * | 27.48 | 146 |  | * | * |  | * | * | * |  | 68 | 30.5 | 30 | B- | B | B | C+ | B- | C+ |  |  |  |  |  |  |  |  | Indep. Float
 | Haiti | [NAME] | HTG |  | 12 |  |  | Y | * | * | * | * | * | 26.3 | 153 |  | * | * |  | 132 | 12.9 | 12.5 |  | 49 | 33 | 31.5 | B- | B | B- | C- | C- | C |  |  |  |  |  |  |  |  | Indep. Float
 | Honduras | [NAME] | HNL |  | 9 |  |  | Y | */B2 | */B2 | Stable | * | * | 39.06 | 91 |  | 53 | 53 |  | 100 | 23.9 | 26.6 |  | 60 | 35.5 | 30.5 | B- | A- | B | B- | [NAME] | B |  |  |  |  |  |  |  |  | Crawling peg
 | Hong Kong | Dollar | HKD |  | 3 |  |  | N | A+/A3 | A/A3 | Stable | A+ | A+ | 80.79 | 28 |  | 25 | 28 |  | 27 | 67 | 68.3 |  | 70 | 44 | 47 | A- | A | A | A- | A | A |  |  |  |  |  |  |  |  | Peg to USD
 | Hungary | Forint | HUF | 3 | 3 |  |  | Y | A-/A3 | BBB+/A3 | Stable | A- | A- | 72.07 | 32 |  | 35 | 36 |  | 36 | 60.2 | 64.9 |  | 75 | 37.5 | 36.5 | A | A | A- | A- | A- | [NAME] |  |  |  |  |  |  |  |  | Crawling band
 | Iceland | Krona | ISK |  | 2 |  |  | N | A+/Aa3 | A+/Aa3 | Stable | AA- | AA- | 86.52 | 21 |  | 30 | 30 |  | 24 | 73.3 | 73.7 |  | 89 | 31.5 | 35.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | [NAME] to composite
 | India | Rupee | INR | 12 | 8 |  |  | Y | BB/Ba2 | BB/Ba2 | Stable | BB+ | BB+ | 54.71 | 57 |  | 42 | 42 |  | 55 | 47.7 | 51.5 |  | 54 | 40 | 34 | B | B | C | C+ | B- | C+ |  |  |  |  |  |  |  |  | Indep. Float
 | Indonesia | Rupiah | IDR | 11 | 11 |  |  | Y | CCC+/B3 | B-/B3 | Negative | B- | B- | 36.38 | 99 |  | 62 | 63 |  | 96 | 25.1 | 27.4 |  | 2.5 | 30 | 35 | [NAME] | B- | C- | C | C+ | C |  |  |  |  |  |  |  |  | Indep. Float
 | Iran | Rial | IRR |  | 11 |  |  | N | */B2 | */B2 | * | * | * | 40.29 | 86 |  | 51 | 55 |  | 81 | 31.4 | 27 |  | 60 | 41.5 | 41 | B- | C+ | C+ | B- | C+ | B |  |  |  |  |  |  |  |  | Managed float
 | Iraq | Dinar | IQD |  | 12 |  |  | N | * | * | * | * | * | 4.84 | 183 |  | 94 | 93 |  | 137 | 11.1 | 12.6 |  | 36 | 30.5 | 29.5 | C- | C- | C- | C | C- | C |  |  |  |  |  |  |  |  | Peg to USD
 | Ireland | Punt/Euro | IEP |  | 1 |  |  | Y | AA+/Aaa | AA+/Aaa | Positive | AAA | AAA | 91.47 | 14 |  | 30 | 30 |  | 17 | 85.7 | 88.5 |  | 87 | 41 | 45.5 | A | A | A+ | A | A | A |  |  |  |  |  |  |  |  | Peg to Euro
 | Israel | Shekel | ISS |  | 4 |  |  | Y | A-/A2 | A-/A2 | Stable | A- | A- | 74.97 | 31 |  | 35 | 33 |  | 34 | 62.1 | 64.4 |  | 57 | 39 | 38.5 | [NAME] | B- | [NAME] | C+ | B- | B- |  |  |  |  |  |  |  |  | Crawling band
 | Italy | Lira/Euro | ITL | 2 | 2 |  |  | N | AA/Aa3 | AA/Aa3 | Stable | AA- | AA- | 88.45 | 18 |  | 22 | 21 |  | 19 | 84.2 | 84.2 |  | 80 | 39 | 40.5 | A | A- | A | A- | B | B |  |  |  |  |  |  |  |  | Peg to Euro
 | Jamaica | Dollar | JMD | 9 | 9 |  |  | Y | B+/Ba3 | B/Ba3 | Stable | * | * | 39.32 | 89 |  | 64 | 64 |  | 87 | 28.5 | 33.8 |  | 74 | 35 | 32.5 | B | [NAME] | [NAME] | B- | B- | C+ |  |  |  |  |  |  |  |  | Managed float
 | Japan | Yen | [NAME] | 2 | 1 |  |  | N | AA+/Aa1 | AAA/Aa1 | Stable | AA+ | AA+ | 90.58 | 16 |  | 10 | 10 |  | 13 | 87.2 | 87.7 |  | 80 | 48 | 39 | A | A- | A | A+ | A | A |  |  |  |  |  |  |  |  | Indep. Float
 | Jordan | Dinar | JOD |  | 8 |  |  | Y | BB-/Ba3 | BB-/Ba3 | Positive | * | * | 49.23 | 72 |  | 38 | 38 |  | 70 | 38.5 | 41.9 |  | 69 | 36.5 | 36 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | [NAME] to SDR
 | Kazakhstan | Tenge | KTS | 9 | 10 |  |  | Y | BB/B1 | BB-/B1 | Stable | BB- | BB- | 47.26 | 74 |  | 46 | 51 |  | 79 | 32.4 | 34.4 |  | 68 | 39 | 37 | B- | [NAME] | B- | B- | B | C+ |  |  |  |  |  |  |  |  | Indep. Float
 | Kenya | Shilling | KES |  | 11 |  |  | Y | * | * | * | * | * | 37.36 | 98 |  | 66 | 71 |  | 99 | 24.4 | 25 |  | 54 | 35.5 | 31.5 | B | B | B | B- | C+ | C+ |  |  |  |  |  |  |  |  | Managed float
 | Kiribati | Australian Dollar | AUD |  | 12 |  |  | Y | * | * | * | * |  |  | * |  | * |  |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Aust. Dollar
 | Korea, North | Won | KPW |  | 12 |  |  | N | * | * | * | * | * | 4.46 | 185 |  | * | * |  | 140 | 10.8 | 6.2 |  | 59 | 20.5 | 17 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Member
 | Korea, South | Won | KRW | 4 | 4 |  |  | Y | BBB/Baa2 | BBB/Baa2 | Positive | BBB+ | BBB+ | 62.53 | 47 |  | 29 | 26 |  | 33 | 62.4 | 63.3 |  | 75.5 | 39 | 44.5 | [NAME] | [NAME] | [NAME] | [NAME] | A- | [NAME] |  |  |  |  |  |  |  |  | Indep. Float
 | Kuwait | Dinar | KWD |  | 4 |  |  | Y | A/Baa1 | A/Baa1 | Stable | A | A | 77.19 | 29 |  | 33 | 33 |  | 31 | 63.8 | 64.4 |  | 68 | 48.5 | 44.5 | A | B | A | A | B | A- |  |  |  |  |  |  |  |  | [NAME] to composite
 | Kyrgyzstan | Som | KYS |  | 11 |  |  | Y | * | * | * | * | * | 28.81 | 138 |  | * | * |  | 115 | 18 | 23.8 |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Managed float
 | Laos | [NAME] | LAK |  | 12 |  |  | Y | * | * | * | * | * | 27.44 | 148 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Managed float
 | Latvia | Lats | LVR | 4 | 4 |  |  | Y | BBB/Baa2 | BBB/Baa2 | Stable | BBB | BBB | 54.48 | 61 |  | 50 | 50 |  | 57 | 45.8 | 47.9 |  | 68 | 39.5 | 35.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | [NAME] to SDR
 | Lebanon | Pound | LBP | 9 | 9 |  |  | Y | B+/B1 | B+/B1 | Stable | BB- | [NAME] | 46.34 | 75 |  | 58 | 55 |  | 77 | 33 | 36.8 |  | 63 | 30.5 | 23.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | [NAME] | [NAME] | LSM |  | 11 |  |  | Y | * | * | * | * | * | 35.62 | 103 |  | * | * |  | 95 | 25.2 | 25 |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to S.Afr. Rand
 | Liberia | Dollar | LRD |  | 12 |  |  | N | * | * | * | * | * | 12.47 | 179 |  | * | * |  | 138 | 11 | 8.6 |  | 44 | 19.5 | 34.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | Libya | Dinar | LYD |  | 12 |  |  | N | * | * | * | * | * | 18.84 | 177 |  | 54 | 55 |  | 82 | 31.4 | 31.5 |  | 59 | 44 | 39 | B | C | B- | B | C+ | B- |  |  |  |  |  |  |  |  | [NAME] to SDR
 | [NAME] | Liech. Franc | CHF |  | 1 |  |  | N | AAA/Aaa | AAA/Aaa | Stable | * |  |  | * |  | * |  |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Swiss Franc
 | Lithuania | Litas | LTT | 5 | 6 |  |  | Y | BBB-/Ba1 | BBB-/Ba1 | Stable | BB+ | BBB- | 52.98 | 67 |  | 53 | 55 |  | 62 | 44 | 43.7 |  | 66 | 40.5 | 37 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to USD
 | Luxembourg | Lux. Franc | LUF |  | 1 |  |  | N | AAA/Aaa | AAA/Aaa | Stable | AAA | AAA | 99.75 | 1 |  | 10 | 10 |  | 3 | 93.4 | 93.9 |  | 92 | 41 | 46 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Euro
 | Macedonia | [NAME] | MKD | 9 | 8 |  |  | Y | * | * | * | * | * | 35.14 | 104 |  | 59 | 61 | * | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Managed float
 | Madagascar | Franc | MGF |  | 12 |  |  | Y | * | * | * | * | * | 28.68 | 139 |  | * | * |  | * | * | * |  | 64 | 33 | 30.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | [NAME] | Kwacha | [NAME] |  | 11 |  |  | Y | * | * | * | * | * | 33.02 | 112 |  | 65 | 65 |  | 109 | 19.1 | 19.6 |  | 65 | 21.5 | 31 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Managed float
 | Malaysia | Ringgit | MYR |  | 4 |  |  | Y | BBB/Baa2 | BBB/Baa2 | Stable | BBB | BBB | 63.78 | 43 |  | 30 | 28 |  | 39 | 58.9 | 59.5 |  | 66 | 42 | 42 | B- | [NAME] | B | [NAME] | A | A- |  |  |  |  |  |  |  |  | Peg to USD
 | Maldives | Rufiyaa | MVR |  | 10 |  |  | N | * | * | * | * | * | 37.97 | 95 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | [NAME] to composite
 | [NAME] | CFA Franc | XOF |  | 11 |  |  | Y | * | * | * | * | * | 28.53 | 142 |  | * | * |  | 125 | 15.9 | 14 |  | 65 | 31.5 | 30.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Euro
 | Malta | Lira | MTL |  | 3 |  |  | Y | A/A3 | A/A3 | Stable | A | A | 70 | 35 |  | * | * |  | 29 | 65.1 | 64.3 |  | 86 | 37 | 35.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | [NAME] to Comp.
 | Marshall Islands | Dollar |  |  | 11 |  |  | Y |  |  | * |  |  | 20.72 | 175 |  | * |  |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to USD
 | Mauritania | Ouguiya | MRO |  | 11 |  |  | Y | * | * | * | * | * | 27.51 | 145 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Managed float
 | [NAME] | Rupee | MUR |  | 4 |  |  | Y | */Baa2 | */Baa2 | Stable | * | * | 56.59 | 54 |  | 34 | 35 | * | 49 | 52.2 | 54.6 |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | Mexico | Peso | [NAME] | 5 | 5 |  |  | Y | BB+/Baa3 | BB+/Baa3 | Positive | BB+ | BB+ | 63.83 | 42 |  | 51 | 51 |  | 41 | 57.3 | 56.7 |  | 72 | 36.5 | 36.5 | A- | A- | A- | [NAME] | A | A- |  |  |  |  |  |  |  |  | Indep. Float
 | [NAME] | Dollar | USD |  | 11 |  |  | Y |  |  | * |  |  | 25.75 | 156 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to USD
 | Moldova | Leu | MVS |  | 10 |  |  | Y | */B3 | */B3 | * | B- | B- | 29.88 | 134 |  | 62 | 65 | * | 116 | 17.6 | 16 |  | 59 | 28.5 | 31.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | Monaco | Franc | FRF |  | 1 |  |  | N | * | * | * | * |  |  | * |  | * |  |  | * | * |  |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Euro
 | Mongolia | Tugrik | MNT |  | 10 |  |  | Y | [NAME]* | [NAME]* | Stable | * | * | 30.47 | 129 |  | * | * |  | * | * | * |  | 70 | 34 | 30 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | Morocco | Dirham | MAD |  | 7 |  |  | Y | BB/Ba1 | BB/Ba1 | Stable | * | * | 55.32 | 56 |  | 46 | 48 |  | 61 | 44.3 | 45.6 |  | 68 | 37 | 36.5 | B | [NAME] | B | B | B | B |  |  |  |  |  |  |  |  | [NAME] to composite
 | Mozambique | Metical | MZM |  | 11 |  |  | Y | * | * | * | * | * | 29.14 | 136 |  | * | * |  | 110 | 18.7 | 19.2 |  | 63 | 29 | 25.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | Myanmar (Burma) | [NAME] | MMK |  | 12 |  |  | N | * | * | * | * | * | 25.31 | 158 |  | 82 | 84 |  | 120 | 16.4 | 16.9 |  | 44 | 35.5 | 36 | C | C | [NAME] | C | [NAME] | C- |  |  |  |  |  |  |  |  | Managed float
 | Namibia | Dollar | ZAR |  | 10 |  |  | Y | * | * | * | * | * | 24.01 | 164 |  | 44 | 44 |  | 73 | 35.8 | 39.7 |  | 75 | 40.5 | 37 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to S.Afr. Rand
 | Nauru | Dollar | AUD |  | 12 |  |  | N | * | * | * | * |  |  | * |  | * |  |  | * | * |  |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Aust. Dollar
 | Nepal | Rupee | NPR |  | 10 |  |  | Y | * | * | * | * | * | 31.91 | 118 |  | 40 | 40 |  | 94 | 26.9 | 26.8 |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Indian Rupee
 | Netherlands | Guilder/Euro | ANG |  | 1 |  |  | N | AAA/Aaa | AAA/Aaa | Stable | AAA | AAA | 94.26 | 7 |  | * | * |  | 4 | 93.4 | 92.1 |  | 97 | 37 | 44 | A+ | A- | A | A- | A | [NAME] |  |  |  |  |  |  |  |  | Peg to Euro
 | New Zealand | Dollar | NZD |  | 1 |  |  | N | AA+/Aa2 | AA+/Aa2 | Stable | * | * | 85.95 | 23 |  | 30 | 28 |  | 22 | 76.9 | 75.5 |  | 88 | 28.5 | 40 | [NAME] | A | A- | B- | A | [NAME] |  |  |  |  |  |  |  |  | Indep. Float
 | Nicaragua | Cordoba | NIC | 12 | 12 |  |  | Y | */B2 | */B2 | * | * | * | 33.79 | 108 |  | 64 | 63 |  | 121 | 16.3 | 13.4 |  | 63 | 22.5 | 26 | C | B | C | [NAME] | C+ | D |  |  |  |  |  |  |  |  | Crawling peg
 | [NAME] | CFA Franc | XOF |  | 12 |  |  | Y | * | * | * | * | * | 28.64 | 140 |  | 61 | 61 |  | 136 | 11.8 | 14.6 |  | 61 | 30 | 35 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Euro
 | Nigeria | Naira | [NAME] |  | 12 |  |  | Y | * | * | * | * | * | 30.22 | 130 |  | 55 | 59 |  | 114 | 18 | 18.3 |  | 48 | 39 | 36.5 | C | C+ | C- | C- | C+ | C+ |  |  |  |  |  |  |  |  | Managed float
 | Norway | Krone | NOK |  | 1 |  |  | N | AAA/Aaa | AAA/Aaa | Stable | AAA | AAA | 95.68 | 3 |  | 20 | 20 |  | 8 | 90.8 | 89.5 |  | 90 | 46.5 | 46.5 | A+ | [NAME] | A+ | A+ | [NAME] | A+ |  |  |  |  |  |  |  |  | Managed float
 | Oman | Rial Omani | OMR |  | 4 |  |  | Y | BBB/Baa2 | BBB-/Baa2 | Stable | * | * | 61.23 | 48 |  | 35 | 42 |  | 43 | 56.9 | 50.9 |  | 76 | 41 | 43 | A- | A | A | A- | [NAME] | [NAME] |  |  |  |  |  |  |  |  | Peg to USD
 | Pakistan | Rupee | PKR |  | 11 |  |  | Y | B-/Caa1 | B-/Caa1 | Stable | * | * | 33.26 | 111 |  | 62 | 64 |  | 107 | 19.2 | 18.8 |  | 44.5 | 30 | 33.5 | C | [NAME] | C | C- | C | C- |  |  |  |  |  |  |  |  | Managed float
 | Palau | Dollar | USD |  | 12 |  |  | N | * | * | * | * |  |  | * |  | * |  |  | * | * |  |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to USD
 | Palestine |  |  | 12
 | Panama | [NAME] | PAB | 6 | 6 |  |  | Y | BB+/Ba1 | BB+/Baa1 | Stable | BB+ | BB+ | 53.19 | 65 |  | 53 | 52 |  | 59 | 45.4 | 42.7 |  | 76 | 34.5 | 38.5 | [NAME] | A- | B | B | [NAME] | B |  |  |  |  |  |  |  |  | Peg to USD
 | [NAME] | [NAME] | PGK | 11 | 11 |  |  | Y | B+/B1 | B+/B1 | Negative | [NAME] | [NAME] | 40 | 87 |  | 51 | 51 |  | 90 | 28 | 30.9 |  | 56 | 38.5 | 36 | B- | B | B | B- | C+ | C+ |  |  |  |  |  |  |  |  | Indep. Float
 | Paraguay | Guarani | PYG |  | 9 |  |  | Y | B/B2 | B/B2 | Negative | * | * | 41.29 | 82 |  | 70 | 65 |  | 83 | 30 | 31.7 |  | 61 | 39.5 | 32 | [NAME] | A- | B- | B- | B | C |  |  |  |  |  |  |  |  | Managed float
 | Peru | [NAME] | PSS |  | 8 |  |  | Y | BB-/Ba3 | BB/Ba3 | Stable | BB- | BB- | 49.09 | 73 |  | 56 | 53 |  | 71 | 38.5 | 38.8 |  | 64 | 37.5 | 36 | C+ | [NAME] | C+ | C+ | B | C+ |  |  |  |  |  |  |  |  | Indep. Float
 | Philippines | Peso | PHP | 7 | 7 |  |  | Y | BB+/Ba1 | BB+/Ba1 | Negative | BB+ | BB+ | 53.55 | 63 |  | 44 | 44 |  | 66 | 43.1 | 46.7 |  | 60 | 35 | 37 | B | [NAME] | [NAME] | B | B | B- |  |  |  |  |  |  |  |  | Indep. Float
 | Poland | Zloty | PLN | 4 | 4 |  |  | Y | BBB+/Baa1 | BBB+/Baa1 | Stable | BBB+ | BBB+ | 63.4 | 45 |  | 39 | 37 |  | 38 | 59.3 | 58.5 |  | 76 | 38 | 35 | [NAME] | A+ | A- | B | A | A- |  |  |  |  |  |  |  |  | Indep. Float
 | Portugal | Escudo/Euro | PTE |  | 2 |  |  | Y | AA/Aa2 | AA/Aa2 | Stable | AA | AA | 86.1 | 22 |  | 20 | 20 |  | 20 | 81.5 | 79.7 |  | 89 | 33.5 | 36.5 | A- | A | A- | [NAME] | A | [NAME] |  |  |  |  |  |  |  |  | Peg to Euro
 | Qatar | Riyal | QAR |  | 4 |  |  | N | BBB+/Baa2 | BBB/Baa2 | Positive | * | * | 71.06 | 34 |  | 31 | 34 |  | 44 | 56.4 | 53.3 |  | 75 | 29 | 36 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | [NAME] to SDR
 | Romania | Leu | ROL | 10 | 11 |  |  | Y | B-/B3 | B-/B3 | Positive | B- | B | 41.14 | 83 |  | 57 | 63 |  | 89 | 28.3 | 27.5 |  | 68 | 30.5 | 30 | C+ | A- | B- | C- | C | C |  |  |  |  |  |  |  |  | Managed float
 | Russia | Ruble | RUR | 11 | 12 |  |  | Y | B-/B3 | SD/B2 | Stable | B | B | 37.6 | 97 |  | 59 | 63 |  | 93 | 27 | 19.6 |  | 55 | 40 | 38 | C | B- | C- | C+ | C+ | C+ |  |  |  |  |  |  |  |  | Indep. Float
 | Rwanda | Franc | RWS |  | 12 |  |  | Y | * | * | * | * | * | 22.71 | 170 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | Samoa | Tala | WST |  | 10 |  |  | N | * | * | * | * | * | 30.88 | 127 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | [NAME] to Comp.
 | Sao Tome & Principe | Dobra | STD |  | 12 |  |  | Y | * | * | * | * | * | 20.19 | 176 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | [NAME] | Euro | ITL |  | 10 |  |  | N | * | * | * | * |  |  | * |  | * |  |  | * | * |  |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Euro
 | Saudi Arabia | Riyal | SAR |  | 4 |  |  | N | */Baa3 | */Baa3 | Stable | * | * | 68.55 | 37 |  | 37 | 39 |  | 37 | 59.7 | 55.1 |  | 66 | 45.5 | 42 | [NAME] | [NAME] | A- | A- | B- | B |  |  |  |  |  |  |  |  | [NAME] to SDR
 | Senegal | CFA Franc | XOF |  | 11 |  |  | Y | [NAME] | * | Stable | * | * | 33.44 | 109 |  | 51 | 52 |  | 101 | 23.2 | 23.2 |  | 59 | 34 | 36.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Euro
 | Seychelles | Rupee | SCR |  | 9 |  |  | N | * | * | * | * | * | 38 | 94 |  | 49 | 49 |  | 85 | 28.9 | 31.9 |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | [NAME] to composite
 | Sierra Leone | Leone | SLL |  | 12 |  |  | Y | * | * | * | * | * | 23.3 | 167 |  | * | * |  | 144 | 8.8 | 7.1 |  | 40 | 16.5 | 25.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | Singapore | Dollar | SGD | 1 | 1 |  |  | Y | AAA/Aa1 | AAA/Aa1 | Stable | AA+ | AA+ | 92.68 | 13 |  | 11 | 12 |  | 16 | 85.8 | 80.4 |  | 86 | 45.5 | 49 | A+ | A- | A+ | A+ | A- | A |  |  |  |  |  |  |  |  | Managed float
 | Slovakia | Koruna | SKK | 6 | 6 |  |  | Y | BB+/Ba1 | BB+/Ba1 | Positive | BB+ | BB+ | 56.91 | 53 |  | 45 | 48 |  | 58 | 45.5 | 42.9 |  | 79 | 36.5 | 32.5 | A- | A- | A- | B | [NAME] | B- |  |  |  |  |  |  |  |  | Managed float
 | Slovenia | Tolar | SIT | 3 | 3 |  |  | Y | A/A2 | A/A2 | Stable | A | A | 71.83 | 33 |  | 33 | 35 |  | 30 | 64 | 63.1 |  | 80 | 39 | 35 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Managed float
 | Solomon Islands | Dollar | SBD |  | 11 |  |  | N | * | * | * | * | * | 27.81 | 144 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | [NAME] to composite
 | Somalia | Schilling | SOS |  | 12 |  |  | Y | * | * | * | * | * | 12.26 | 180 |  | * | * |  | * | * | * |  | 34 | 36 | 28.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | South Africa | Rand | ZAR |  | 5 |  |  | Y | BBB-/Baa3 | BBB-/Baa3 | Stable | BBB- | BBB- | 59.14 | 50 |  | 43 | 44 |  | 53 | 50.6 | 45.2 |  | 65 | 36 | 37 | A- | [NAME] | A- | [NAME] | [NAME] | [NAME] |  |  |  |  |  |  |  |  | Indep. Float
 | Spain | Peseta/Euro | ESP |  | 2 |  |  | N | AA+/Aa2 | AA+/Aa2 | Stable | AA+ | AA+ | 88.52 | 17 |  | 19 | 19 |  | 18 | 84.5 | 80.4 |  | 82 | 37.5 | 40 | A | A- | A- | B | [NAME] | B |  |  |  |  |  |  |  |  | Peg to Euro
 | [NAME] | Rupee | LKR |  | 9 |  |  | Y | * | * | * | * | * | 39.58 | 88 |  | 49 | 53 |  | 75 | 34.6 | 35.4 |  | 52 | 33 | 32 | B- | [NAME] | B- | C | B- | C+ |  |  |  |  |  |  |  |  | Crawling band
 | [NAME] and Nevis | [NAME]. Dollar | XCD |  | 12 |  |  | Y | * | * | * | * |  |  | * |  | * |  |  | * | * |  |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to USD
 | St. Lucia | [NAME]. Dollar | XCD |  | 9 |  |  | Y | * | * | * | * | * | 36.26 | 100 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to USD
 | St.Vincent  Grenadines | [NAME]. Dollar | XCD |  | 9 |  |  | Y | * | * | * | * | * | 34.25 | 106 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to USD
 | Sudan | Dinar | SDD |  | 12 |  |  | N | * | * | * | * | * | 23.14 | 168 |  | 76 | 77 |  | 143 | 10.1 | 7.9 |  | 36 | 30 | 33 | C | [NAME] | C+ | C | C+ | C+ |  |  |  |  |  |  |  |  | Indep. Float
 | Suriname | Guilder | SRG |  | 10 |  |  | Y | B-/* | B-/* | Negative | * | * | 21.35 | 173 |  | * | * |  | * | * | * |  | 66 | 37 | 31 | B | B | B | B- | B | B- |  |  |  |  |  |  |  |  | Managed float
 | Swaziland | Lilangeni | SZL |  | 11 |  |  | Y | * | * | * | * | * | 34.17 | 107 |  | * | * |  | 86 | 28.6 | 29.7 |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to S.Afr. Rand
 | Sweden | Krona | SEK | 1 | 1 |  |  | N | AA+/Aa1 | AA+/Aa1 | Stable | AA | AA | 93.21 | 12 |  | * | * |  | 15 | 86.5 | 83.9 |  | 88 | 35 | 46 | A | A- | A | A | A | A |  |  |  |  |  |  |  |  | Indep. Float
 | Switzerland | Franc | CHF | 1 | 1 |  |  | N | AAA/Aaa | AAA/Aaa | Stable | AAA | AAA | 96.75 | 2 |  | 20 | 20 |  | 1 | 95.1 | 93.8 |  | 90 | 41.5 | 45 | A | [NAME] | A+ | A | A- | A- |  |  |  |  |  |  |  |  | Indep. Float
 | Syria | Pound | SYP |  | 11 |  |  | N | * | * | * | * | * | 35.94 | 102 |  | 65 | 68 |  | 97 | 25 | 23.2 |  | 65 | 38 | 40 | B- | B- | B- | [NAME] | B | B |  |  |  |  |  |  |  |  | Peg to USD
 | Taiwan | Dollar | TWD |  | 2 |  |  | Y | AA+/Aa3 | AA+/Aa3 | Negative | * | * | 81.58 | 26 |  | 27 | 23 |  | 23 | 76.1 | 76.2 |  | 76 | 44.5 | 42.5 | A- | A- | A- | A- | A- | A- |  |  |  |  |  |  |  |  | Peg to USD
 | Tajikistan | Ruble | TJS |  | 11 |  |  | Y | * | * | * | * | * | 23.86 | 165 |  | * | * |  | 134 | 12.3 | 12.9 |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Managed float
 | Tanzania | Shilling | TZS |  | 11 |  |  | Y | * | * | * | * | * | 31.6 | 121 |  | 52 | 56 |  | 105 | 20.1 | 19.1 |  | 62 | 22 | 34.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | Thailand | Baht | THB |  | 5 |  |  | Y | BBB-/Baa3 | BBB-/Baa3 | Stable | BBB- | BBB- | 59.66 | 49 |  | 41 | 36 |  | 54 | 50.2 | 48.8 |  | 70 | 38 | 39 | B | B | [NAME] | A- | [NAME] | [NAME] |  |  |  |  |  |  |  |  | Indep. Float
 | Togo | CFA Franc | XOF |  | 11 |  |  | Y | * | * | * | * | * | 28.93 | 137 |  | * | * |  | 119 | 16.9 | 17.4 |  | 55 | 34 | 34 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Euro
 | Tonga | Pa'anga | TOP |  | 11 |  |  | Y | * | * | * | * | * | 22.87 | 169 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | [NAME] to composite
 | Trinidad/Tobago | TT Dollar | TTD |  | 5 |  |  | Y | BBB-/Baa3 | BBB-/Baa3 | Stable | * | * | 52.55 | 68 |  | 35 | 35 |  | 51 | 51.2 | 47.2 |  | 71 | 40 | 37 | A | [NAME] | A- | [NAME] | B | [NAME] |  |  |  |  |  |  |  |  | Peg to USD
 | Tunisia | Dinar | TND |  | 5 |  |  | Y | BBB/Baa3 | BBB/Baa3 | Stable | BBB- | BBB | 58.29 | 52 |  | 39 | 39 |  | 50 | 51.9 | 49.7 |  | 75 | 35 | 36.5 | B- | B | B | B | A | [NAME] |  |  |  |  |  |  |  |  | Crawling peg
 | Turkey | Lira | TRL | 10 | 9 |  |  | Y | B-/B1 | B+/B1 | Stable | BB- | [NAME] | 51.25 | 69 |  | 53 | 55 |  | 64 | 43.7 | 39 |  | 53 | 26 | 31 | B | [NAME] | B | C+ | B- | C+ |  |  |  |  |  |  |  |  | Crawling peg
 | Turkmenistan | Manat | TMS |  | 11 |  |  | Y | */B2 | */B2 | Stable | CCC- | CCC- | 25.96 | 155 |  | * | * |  | 113 | 18 | 17.1 |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Managed float
 | Tuvalu | Dollar | AUD |  | 12 |  |  | N | * | * | * | * |  |  | * |  | * |  |  | * | * |  |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Aust. Dollar
 | Uganda | Shilling | UGS |  | 10 |  |  | Y | * | * | * | * | * | 36.01 | 101 |  | 56 | 56 | * | 103 | 22.3 | 22.9 |  | 61 | 37 | 33.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | Ukraine | Hryvnia | UAK | 11 | 11 |  |  | Y | */Caa1 | */Caa1 | Stable | * | * | 31.57 | 122 |  | 61 | 64 |  | 117 | 17.2 | 18.1 |  | 55 | 39 | 34.5 | [NAME] | B | C- | C+ | C | C |  |  |  |  |  |  |  |  | Managed float
 | United Arab Emirates | Dirham | AED | 3 | 3 |  |  | N | */A2 | */A2 | Stable | * | * | 81.04 | 27 |  | 27 | 30 |  | 26 | 67.6 | 62.4 |  | 72 | 45.5 | 45.5 | A | [NAME] | A+ | A+ | B | [NAME] |  |  |  |  |  |  |  |  | [NAME] to SDR
 | United Kingdom | Pound Sterling | UKP | 1 | 1 |  |  | N | AAA/Aaa | AAA/Aaa | Stable | AAA | AAA | 93.31 | 11 |  | 33 | 33 |  | 7 | 92.3 | 91.1 |  | 90 | 35.5 | 41 | A | A | A+ | A | A | A |  |  |  |  |  |  |  |  | Indep. Float
 | United States | Dollar | USD |  | 1 |  |  | N | AAA/Aaa | AAA/Aaa | Stable | AAA | AAA | 94.42 | 5 |  | 20 | 20 |  | 6 | 92.7 | 92.9 |  | 87 | 36.5 | 40 | [NAME] | A | A- | B | A- | B |  |  |  |  |  |  |  |  | Indep. Float
 | Uruguay | Peso | UYP |  | 5 |  |  | Y | BBB-/Baa3 | BBB-/Baa3 | Stable | BBB- | BBB- | 59.08 | 51 |  | 43 | 42 |  | 52 | 51 | 49.1 |  | 74 | 36 | 38 | A- | A | A | [NAME] | B | [NAME] |  |  |  |  |  |  |  |  | Crawling band
 | Uzbekistan | Sum | UZS | 11 | 11 |  |  | Y | * | * | * | * | * | 32.57 | 116 |  | 81 | 81 |  | 107 | 19.2 | 18 |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Managed float
 | [NAME] | Vatu | VUV |  | 11 |  |  | N | * | * | * | * | * | 33.37 | 110 |  | * | * |  | * | * | * |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | [NAME] to composite
 | Vatican | Lira | ITL |  | 1 |  |  | N | * | * | * | * |  |  | * |  | * |  |  | * | * |  |  | * | * | * |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Peg to Euro
 | Venezuela | Bolivar | VEB | 9 | 9 |  |  | Y | B/B2 | B/B2 | Stable | BB- | BB- | 46.09 | 77 |  | 51 | 51 |  | 72 | 37.9 | 34.9 |  | 56 | 43.5 | 37.5 | B- | B- | B- | B- | C | C+ |  |  |  |  |  |  |  |  | Crawling band
 | Vietnam | [NAME] | VND |  | 10 |  |  | Y | */B1 | */B1 | Stable | * | * | 39.03 | 92 |  | 53 | 52 |  | 88 | 28.5 | 29.1 |  | 67 | 36.5 | 39 | C+ | C+ | B- | A- | B- | B |  |  |  |  |  |  |  |  | Managed float
 | Yemen | Rial | YER |  | 11 |  |  | Y | * | * | * | * | * | 32.2 | 117 |  | 47 | 43 |  | * | * | * |  | 61 | 31 | 35.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Indep. Float
 | Yugoslavia | New Dinar | YUM |  | 12 |  |  | N | * | * | * | * | * | 17.88 | 178 |  | 81 | 95 |  | 141 | 10.7 | 7.3 |  | 52 | 16 | 27.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Not Member
 | Zambia | Kwacha | ZMK |  | 11 |  |  | Y | * | * | * | * | * | 27.45 | 147 |  | 65 | 68 |  | 124 | 16.1 | 15.1 |  | 67 | 24.5 | 27.5 | C | B | C+ | C | B | C+ |  |  |  |  |  |  |  |  | Indep. Float
 | Zimbabwe | Dollar | ZWD |  | 12 |  |  | Y | * | * | * | * | * | 28.6 | 141 |  | 80 | 80 |  | 122 | 16.2 | 24.1 |  | 43 | 23 | 15 | C | C+ | C | C | C+ | C |  |  |  |  |  |  |  |  | Peg to USD
 | * RAC reserves the right to assign a specific project E-rating for each transaction.
 | Total: