UPDATE 1-Fitch cuts India’s sovereign rating outlook to ‘negative’
Fitch cut its outlook
on India’s sovereign rating to “negative” from “stable” on
Thursday and forecast a 5% contraction in growth for the current
fiscal year, saying the coronavirus outbreak was extracting a
heavy toll on the economy.
on India’s sovereign rating to “negative” from “stable” on
Thursday and forecast a 5% contraction in growth for the current
fiscal year, saying the coronavirus outbreak was extracting a
heavy toll on the economy.
Posted by Reuters
