ID :
99685
Tue, 01/12/2010 - 20:11
Auther :

S&P retains S. Korea's sovereign credit rating


SEOUL, Jan. 12 (Yonhap) -- Standard and Poor's affirmed South Korea's sovereign
rating as an "A" and its long-term credit rating as "stable" in a statement
issued on Tuesday.
The ratings services agency said South Korea's credit rating is supported by the
nation's dynamic economy, sound fiscal position and the modest net external
debtor position projected for the country.
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