Fitch keeps S. Korea’s credit rating at ‘AA-,’ outlook stable

Global credit appraiser Fitch Ratings has reaffirmed South Korea’s sovereign rating at “AA-” with a stable outlook, the finance ministry said Wednesday.

Fitch has maintained the level of AA- for South Korea, the fourth-highest level on its sovereign ratings table, since September 2012 when it upgraded the rating by one notch from A+.

Source: Yonhap News Agency