Fitch Ratings upholds South Korea's credit rating at "AA-", cautioning on political unrest's impact on growth.

Fitch Ratings has reaffirmed South Korea's sovereign credit rating at "AA-" with a stable outlook, despite political unrest. The agency highlights strong external finances and steady economic performance but revised its growth forecast for 2025 to 1.7% due to political uncertainty impacting business confidence. Fitch also warns of potential negative effects on foreign investment and corporate decisions if the political crisis continues.

2 months ago
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