Thailand looks for its upgrade

Finance professionals in Thailand are waiting on Moody''s decision on whether to reinstate the country''s investment grade status or not.

Jackie Horne

June 01, 2000

Thailand is hoping that it will regain a long-coveted investment grade rating from Moody's once the US agency completes its sovereign review of the Kingdom's Ba1/B1/Not prime credit initiated on April 3. Having placed a country on review for possible upgrade, the agency typically reports back within three months, implying that the Kingdom should know one way or the other by mid-June.

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