Indonesia returns its investment grade status

Note: This section contains information in English only.
Source: BBC

Indonesian investment status was upgraded to the same level as Indian one by Fitch Ratings. Fitch agency said the decision was made based on the relatively resilient growth, low sovereign debt and tight policies. The country's government debt looks more attractive than that of some European economies, said Jerome Booth from Ashmore Investment Management. The increase is expected to stimulate flow of investments in Indonesia.

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