S&P Global has kept its long-term credit ratings on Bangladesh’s economy unchanged at B+ as the country works to rebuild external liquidity amid ongoing political uncertainty.
Fresh sovereign rating downgrade shows much remains to be done
S&P Global Ratings on Tuesday lowered Bangladesh's long-term rating outlook to negative from stable, citing risks the country's external liquidity position could deteriorate in the next year while foreign exchange reserves remain under pressure
S&P Global has kept its long-term credit ratings on Bangladesh’s economy unchanged at B+ as the country works to rebuild external liquidity amid ongoing political uncertainty.
Fresh sovereign rating downgrade shows much remains to be done
S&P Global Ratings on Tuesday lowered Bangladesh's long-term rating outlook to negative from stable, citing risks the country's external liquidity position could deteriorate in the next year while foreign exchange reserves remain under pressure