S&P upgraded South Korea's credit rating

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Source: Marketwatch

One of the leading credit rating agency Standart & Poor's increased its long-term credit rating on South Korea. Agency changed rating to A+/AA from A/A+, also increasing county's outlook to stable. According S&P's representatives, new rating reflects reduced political or military confrontation risk in the Korean peninsula after leadership has changed in North Korea.


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Fri, 14 Sep 2012 07:37:54 GMT

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