BANGLADESH NEWS
Standard & Poor's, a leading global rating agency, on Thursday gave Bangladesh ‘BB- long-term and ‘B’ short-term foreign and local currency sovereign credit ratings with a stable outlook.
This year’s ratings are same the agency affirmed Bangladesh in 2011.
Bangladesh is rated second highest in South Asia behind India (BBB-) and ahead of Sri Lanka (B+) and Pakistan (B-).
Other countries in the BB category along with Bangladesh include Turkey, the Philippines, Indonesia and Vietnam.
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