Moody's keeps 'Aa2' rating on S. Korea, eyes 2.5 pct growth in 2024
Global credit appraiser Moody's Investors Service said Thursday it has affirmed its credit rating on South Korea at "Aa2," with a stable outlook. Moody's has maintained the country's sovereign credit rating at "Aa2," the third-highest level on the company's table, since December 2015, when the agency upgraded it from "Aa3." "The affirmation of the rating is supported by (South) Korea's very high degree of economic diversity and competit
May 9, 2024