Korea’s Sovereign Rating Remains at AA

Standard and Poor’s (S&P) on Nov. 6 announced that it kept Korea’s sovereign rating at “AA” and the country’s economic forecast at “stable.” The global ratings agency said the Korean economy has seen more solid growth than other high-income countries and is diversified in not being dependent on a certain industry or export market. S&P’s stable outlook also reflected the … Continue reading Korea’s Sovereign Rating Remains at AA