NEW YORK (Standard&Poor's) Nov. 9, 2005--Standard&Poor's Ratings Services said today that it revised the outlook on its foreign currency rating on the Republic of Suriname to positive from stable. The outlook on the local currency rating remains stable. Standard&Poor's also said that it affirmed its 'B-' long-term foreign and 'B' long-term local currency ratings on Suriname. In addition, Standard&Poor's assigned 'B' short-term foreign and local currency ratings to the sovereign. "The revised outlook on the foreign currency rating reflects the progress the government has made on the institutional front to improve its debt-management practices, especially as they relate to external debt," explained Standard&Poor's credit analyst Olga Kalinina. This achievement includes
