Moody's warns of mounting credit risks, investment losses | Bangkok Post: business

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Moody's warns of mounting credit risks, investment losses

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The protests will likely undermine investor confidence and an already fragile growth outlook for next year, a credit negative factor for Thailand, according to Moody's Investors Service. 

Thailand is currently rated Baa1 with a stable outlook by the rating agency.

Although the protests have mostly been peaceful, four people were killed and dozens wounded during clashes on Saturday night.

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