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Moody’s: No harm to emerging-market ratings by currency actions

Posted on 29 October 2010

From Dow Jones: Government and central bank responses to steep currency appreciation across the developing world are not seen weighing on the credit ratings of emerging-market sovereigns in the near term, but there could be longer-term implications, Moody’s Investors Service said in a report Thursday.
The ratings agency said it is watching for any “impact on economic growth, fiscal, and debt dynamics over the medium to long term.”………………………………………Full Article: Source


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