Credit rating agency Moody's retained India's sovereign rating at Baa3 with a stable outlook, indicating that it's subject to moderate credit risk. Baa3 represents the medium-grade category. The rating is unsurprising. If anything, India's resilience to macroeconomic shocks is greater than what the rating implies. Moody's believes geopolitical challenges will not derail economic recovery, leading to the stable outlook. Also, that the negative feedback between the economy and financial system is receding.
Bu hikaye The Times of India Hyderabad dergisinin September 08, 2022 sayısından alınmıştır.
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Bu hikaye The Times of India Hyderabad dergisinin September 08, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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