Fitch affirms Japan’s A rating, outlook Stable

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The US-based Fitch Ratings is out with its latest credit rating review report on the Japanese economy, affirming Japan’s sovereign credit rating at A with the outlook Stable.

Fitch Ratings noted that the affirmation is due to Japan’s intrinsic financial strengths, although warned that they could erode over time unless effective reforms to boost growth and address the public debt burden.

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