The Fitch Ratings Agency has reaffirmed South Korea’s government debt at AA-, though has some concerns about spillover in the event of a trade war between the US and China. Key highlights South Korea maintains AA- rating with a stable outlook. S. Korea’s growth remains strong, country is resilient to fluctuations from geopolitical risk. S. Korea’s long-term foreign currency issuer default rating (IDR) also rated at AA-. S. Korea’s sovereign ratings balance robust external finances with strong macro performance, despite long-term ongoing geopolitical risk with North Korea. Trade war between US and China represents a downside risk to S. Korea’s growth outlook. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/JPY is on the rise on rumors of US-China trade talks FX Street 4 years The Fitch Ratings Agency has reaffirmed South Korea's government debt at AA-, though has some concerns about spillover in the event of a trade war between the US and China. Key highlights South Korea maintains AA- rating with a stable outlook. S. Korea's growth remains strong, country is resilient to fluctuations from geopolitical risk. S. Korea's long-term foreign currency issuer default rating (IDR) also rated at AA-. S. Korea's sovereign ratings balance robust external finances with strong macro performance, despite long-term ongoing geopolitical risk with North Korea. Trade war between US and China represents a downside risk to S. Korea's… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
