UPDATE 1-Moody’s moves South Africa one step closer to ‘junk’ status
Ratings agency Moody’s moved
South Africa one step closer to “junk” status on Friday by
revising the outlook on the country’s last investment-grade
credit rating to “negative” because of a slowdown in economic
growth and rising debt burden.
South Africa one step closer to “junk” status on Friday by
revising the outlook on the country’s last investment-grade
credit rating to “negative” because of a slowdown in economic
growth and rising debt burden.
Posted by Reuters
