Mon, 02 Apr 2012 09:02:47 GMT
Moody's: South Korean credit rating upgraded to positive
Moody's has upgraded the credit rating of South Korea from stable to positive, announced South Korea's finance ministry. The credit agency has revised its outlook on the country's economy to A1 due to healthy external liquidity and fiscal balance as well as positive prospects of further economic growth. The move followed Fitch's revision of South Korea's credit rating from stable