Thailand: Moody’s sees ‘heightened’ uncertainty in Thai rating

Thailand’s political tensions are adding a “heightened degree of uncertainty” to its credit rating, Moody’s Investors Service said as it kept a negative outlook on the country’s debt. Standard & Poor’s Ratings Services also kept its negative outlook on Thailand’s debt and affirmed its BBB+ long-term foreign-currency rating, the third-lowest investment grade, it said. Moody’s has a Baa1 rating. (Bloomberg)