Moody's maintains S. Korea's credit rating at Aa2 despite COVID-19 pandemic
- 4 years ago
무디스, 韓 국가신용등급 Aa2 유지…"코로나발 경제피해 제한적"
Global rating agency Moody's Investors Service has maintained South Korea's credit rating at 'Aa2",... despite the COVID-19 pandemic.
The agency says the impact on South Korea's economy will be limited compared to other countries with similar ratings.
It said South Korea is expected to have relatively robust growth potential,... citing its strong governance as well as effective fiscal and monetary management of shocks.
Moody's has kept South Korea's rating at Aa2 the third highest on the company's scale since 2015,... when it was upgraded from Aa3.
Global rating agency Moody's Investors Service has maintained South Korea's credit rating at 'Aa2",... despite the COVID-19 pandemic.
The agency says the impact on South Korea's economy will be limited compared to other countries with similar ratings.
It said South Korea is expected to have relatively robust growth potential,... citing its strong governance as well as effective fiscal and monetary management of shocks.
Moody's has kept South Korea's rating at Aa2 the third highest on the company's scale since 2015,... when it was upgraded from Aa3.