Thailand’s credit rating unchanged
- Published: 24 Jan 2013 at 15.35
- Online news:
Standard & Poor's, the US-based leading credit rating agency, has kept Thailand's credit rating for 2013 unchanged at BBB+.
S&P's also rated Thailand with a stable outlook.
S&P's senior director of sovereign ratings Tan Kim Eng said on Thursday that S&P’s decision was based on the fact that Thailand is at risk of having a problem of high public debt in the future, even though it has strong economic fundamentals.
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